15153 Spanish Point DrPort CharlotteFL33981
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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 Port Charlotte at 15153 Spanish Point Dr, Port Charlotte, FL, 33981 offers a 10.4% rental yield on a $464,900 purchase with $4,030/mo rent. Total monthly income registers $4,030/mo, and a $2,275/mo payment leaves $945/mo available for distribution. Annual cash flow reaches $11,344/yr on $154,114 to close, and return on cash invested stands at 27.27% in year one. Equity gained on principal adds $3,000/yr while 5% annual appreciation supports $128,443 over five years. Portfolio math shows five-year ROI at 142.91% and total cumulative return in cash at $220,252. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,030/mo property income against a $2,275/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
7,759 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33981, Port Charlotte, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,365 (100%) |
| Owner Occupied HU | 6,914 (73.8%) |
| Renter Occupied HU | 644 ( 6.9%) |
| Vacant Housing Units | 1,807 (19.3%) |
| Median Home Value | $475,000 |
| Average Home Value | $544,816 |
Housing Distribution
Address Breakdown
Residential
8,790
Single Family
8,789
Multi-Family
1
Businesses
112
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Listed by: Sally Corrick • EXP REALTY LLC
Mls Name: Stellar MLS
Mls ID: #D6143246