5123 Melbourne St UNIT D-203Punta GordaFL33980
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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 5123 Melbourne St UNIT D-203, Punta Gorda, FL, 33980 listed at $194,900 pairs $1,471/mo rent with a $954/mo payment to leave $178/mo cash flow. Total monthly income runs $1,471/mo, and annual cash flow reaches $2,131/yr on $64,609 cash to close. Return on cash invested measures 23.21% in year one, and rental yield registers 9.06% at a $194,900 basis. Equity gained on principal adds $1,258/yr, and annual property appreciation at 5% supports $53,847 by year five. Five-year ROI tracks 121.14% and total cumulative return in cash totals $78,267. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,471/mo property income relative to a $954/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33980, Port Charlotte, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,328 (100%) |
| Owner Occupied HU | 4,800 (57.6%) |
| Renter Occupied HU | 1,560 (18.7%) |
| Vacant Housing Units | 1,968 (23.6%) |
| Median Home Value | $270,517 |
| Average Home Value | $289,113 |
Housing Distribution
Address Breakdown
Residential
7,477
Single Family
4,739
Multi-Family
2,738
Businesses
431
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Listed by: Christopher Grant • GRANT TEAM REAL ESTATE, LLC
Mls Name: Stellar MLS
Mls ID: #C7520357