149 Salem AvePt CharlotteFL33952
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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 Pt Charlotte at 149 Salem Ave, Pt Charlotte, FL, 33952 priced at $239,000 pairs $2,280/mo rent with $694/mo cash flow after a $1,170/mo payment. Total monthly income equals $2,280/mo, and annual cash flow comes to $8,325/yr on $79,229 invested. Return on cash invested is 30.42% in year one, and rental yield stands at 11.45% on a $239,000 basis. Equity gained on principal adds $1,542/yr, and 5% annual appreciation accumulates to $66,031 by year five. Five-year ROI measures 159.78% and total cumulative return in cash reaches $126,588. For financing, Ziffy Mortgage’s DSCR program evaluates $2,280/mo property income against a $1,170/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2003
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33952, Port Charlotte, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,784 (100%) |
| Owner Occupied HU | 10,981 (65.4%) |
| Renter Occupied HU | 3,447 (20.5%) |
| Vacant Housing Units | 2,356 (14.0%) |
| Median Home Value | $300,977 |
| Average Home Value | $393,134 |
Housing Distribution
Address Breakdown
Residential
15,323
Single Family
14,224
Multi-Family
1,099
Businesses
719
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Listed by: Tiffany Richmond • Keller Williams Island Life RE
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025026199