514 Showalter AvePunta GordaFL33950
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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 514 Showalter Ave, Punta Gorda, FL, 33950 uses $76,212 cash to close to unlock $3,271/yr annual cash flow and $273/mo monthly cash flow. Total monthly income runs $1,798/mo, and a $1,125/mo payment keeps the spread at $273/mo. Purchase price stands at $229,900, and rental yield measures 9.38% with $1,798/mo rent. Return on cash invested shows 24.2% in year one, and 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 126.45% and total cumulative return in cash records $96,371. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,798/mo property income covering a $1,125/mo payment rather than investor’s personal income.
Single Family
Built in 1971
7,360 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33950, Punta Gorda, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,169 (100%) |
| Owner Occupied HU | 10,954 (63.8%) |
| Renter Occupied HU | 2,397 (14.0%) |
| Vacant Housing Units | 3,818 (22.2%) |
| Median Home Value | $518,242 |
| Average Home Value | $558,414 |
Housing Distribution
Address Breakdown
Residential
16,167
Single Family
13,208
Multi-Family
2,959
Businesses
1,049
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Listed by: Maria De Dios • ZWIERCAN REALTY INC
Mls Name: Stellar MLS
Mls ID: #C7509786