CARRINGTON Plan, Palmetto Landing at Babcock Ranch ExpressPunta 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
Rental property for sale in Punta Gorda at CARRINGTON Plan, Palmetto Landing at Babcock Ranch Express, Punta Gorda, FL, 33983 priced at $279,990 converts $2,536/mo rent into $678/mo cash flow after a $1,370/mo obligation. Total monthly income equals $2,536/mo, and annual cash flow totals $8,140/yr on $92,817 invested. Return on cash invested prints 28.68% in year one, and rental yield reads 10.87% against a $279,990 entry. Equity gained on principal adds $1,807/yr, while 5% annual appreciation compiles into $77,356 by year five. Five-year ROI reaches 150.5% and total cumulative return in cash sums $139,686. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,536/mo property income covering a $1,370/mo payment, not borrower’s personal income.
Townhouse
Built in 2025
N/A 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: Online Sales Concierge • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A