4300 Riverside Dr LOT 106Punta GordaFL33982
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Punta Gorda at 4300 Riverside Dr LOT 106, Punta Gorda, FL, 33982 offers a 9.28% rental yield on a $165,000 purchase with $1,276/mo rent. Total monthly income registers $1,276/mo, and a $808/mo payment leaves $181/mo available for distribution. Annual cash flow reaches $2,167/yr on $54,698 to close, and return on cash invested stands at 23.87% in year one. Equity gained on principal adds $1,065/yr while 5% annual appreciation supports $45,586 over five years. Portfolio math shows five-year ROI at 124.72% and total cumulative return in cash at $68,219. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,276/mo property income against a $808/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2005
4,218 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33982, Punta Gorda, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,459 (100%) |
| Owner Occupied HU | 7,348 (70.3%) |
| Renter Occupied HU | 838 ( 8.0%) |
| Vacant Housing Units | 2,273 (21.7%) |
| Median Home Value | $373,056 |
| Average Home Value | $411,551 |
Housing Distribution
Address Breakdown
Residential
8,066
Single Family
6,889
Multi-Family
1,177
Businesses
312
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Listed by: Nicholas Greth • KW PEACE RIVER PARTNERS
Mls Name: Stellar MLS
Mls ID: #C7518913