7900 Mikasa DrPunta 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
Rental property for sale in Punta Gorda at 7900 Mikasa Dr, Punta Gorda, FL, 33950 priced at $360,000 converts $3,352/mo rent into $577/mo cash flow after a $1,762/mo obligation. Total monthly income equals $3,352/mo, and annual cash flow totals $6,929/yr on $119,340 invested. Return on cash invested prints 25.71% in year one, and rental yield reads 11.17% against a $360,000 entry. Equity gained on principal adds $2,323/yr, while 5% annual appreciation compiles into $99,461 by year five. Five-year ROI reaches 135.98% and total cumulative return in cash sums $162,273. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,352/mo property income covering a $1,762/mo payment, not borrower’s personal income.
Single Family
Built in 2014
7,803 sqft lot
$N/A/sqft
$208 monthly 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: Nicholas White • PARADISE EXCLUSIVE INC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #D6138159
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511