8035 HILLMAN AVE

PUNTA GORDA, FL 33982
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3 bd, 1 ba | 1,583 sqft | Built in 1961

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List Price
$225,000

Initial Investment

$61,313

Purchase Price

$225,000

Down Payment

25%

Rent

$1,763

Total Return

$147,636

Annualized Return

28.0%

Cap Rate

5.9%

Gross Yield

9.4%

Cash Flow

$156

Appreciation

10.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

18,750

HOA

None

Flood Risk

Not Required

This charming 3-bedroom, 1-bathroom home is located in the serene and sought-after community of Punta Gorda, Florida. Sitting on a generous 1/2-acre lot, this property offers plenty of space for relaxation and outdoor activities. Step inside to discover a fresh, newly painted interior and brand-new carpeting throughout the living areas. The home features new ceiling fans and window treatments, creating a cool, comfortable atmosphere year-round. The spacious living room flows seamlessly into the additional enclosed Florida room, offering even more space for entertainment or relaxation. The home boasts an ample lanai and patio space, ideal for enjoying the Florida sunshine. The yard is beautifully landscaped with mature greenery, creating a peaceful and private setting. The outdoor utility shed provides extra storage, while the new gutters and downspouts ensure easy maintenance. Enjoy peace of mind with a recently installed roof, as well as updates including fresh indoor and outdoor paint, making this home feel like new. Conveniently located just 15 minutes from historic downtown Punta Gorda and the airport, this property combines comfort, style, and proximity to local amenities. Don’t miss out on this opportunity to own a slice of paradise in one of Florida’s most desirable areas.

See more in Analysis
Jeff Wills
Sefair Investments, Inc
FL Agent License #BK3326417

Annual Financial Highlights

Expected Rent

$20,096

Expenses

-$3,658

Property Taxes

-$4,050

Loan Payments

-$12,232

Net Cash Flow

$156

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Marianne Lilly
Agent License 3406912
RE/MAX HARBOR REALTY
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #C7505520
Last Updated: 02/21/2025 14:02
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