89 Castile CtPunta GordaFL33983
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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 89 Castile Ct, Punta Gorda, FL, 33983 offers a 10.25% rental yield on a $339,800 purchase with $2,903/mo rent. Total monthly income registers $2,903/mo, and a $1,663/mo payment leaves $648/mo available for distribution. Annual cash flow reaches $7,778/yr on $112,644 to close, and return on cash invested stands at 26.81% in year one. Equity gained on principal adds $2,193/yr while 5% annual appreciation supports $93,880 over five years. Portfolio math shows five-year ROI at 140.5% and total cumulative return in cash at $158,259. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,903/mo property income against a $1,663/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
10,042 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33983, Punta Gorda, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,558 (100%) |
| Owner Occupied HU | 6,577 (68.8%) |
| Renter Occupied HU | 1,491 (15.6%) |
| Vacant Housing Units | 1,490 (15.6%) |
| Median Home Value | $388,262 |
| Average Home Value | $416,316 |
Housing Distribution
Address Breakdown
Residential
8,737
Single Family
8,037
Multi-Family
700
Businesses
144
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Listed by: Joe Petno • ALIGN RIGHT REALTY SRQ OPULENCE
Mls Name: Stellar MLS
Mls ID: #A4676547