157 Hoffer StPort CharlotteFL33953
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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 Port Charlotte at 157 Hoffer St, Port Charlotte, FL, 33953 offers $2,640/mo rent that, after a $4,154/mo payment. Total monthly income is $2,640/mo. Return on cash invested measures 7.2% in year one, and rental yield stands at 3.73% at a $848,723 entry. Equity gained on principal adds $5,477/yr while 5% annual appreciation compounds into $234,487 by year five. Five-year ROI records 35.25% and total cumulative return in cash reaches $98,417. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,640/mo property income versus a $4,154/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2017
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33953, Port Charlotte, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,112 (100%) |
| Owner Occupied HU | 4,178 (68.4%) |
| Renter Occupied HU | 524 ( 8.6%) |
| Vacant Housing Units | 1,410 (23.1%) |
| Median Home Value | $430,250 |
| Average Home Value | $458,014 |
Housing Distribution
Address Breakdown
Residential
4,870
Single Family
4,605
Multi-Family
265
Businesses
372
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Listed by: Rosemary Mahoney • RE/MAX PALM REALTY
Mls Name: Stellar MLS
Mls ID: #C7515757