1581 Faraday StPt CharlotteFL33952
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Pt Charlotte at 1581 Faraday St, Pt Charlotte, FL, 33952 listed at $229,000 pairs $2,212/mo rent with a $1,121/mo payment to leave $692/mo cash flow. Total monthly income runs $2,212/mo, and annual cash flow reaches $8,306/yr on $75,914 cash to close. Return on cash invested measures 30.85% in year one, and rental yield registers 11.59% at a $229,000 basis. Equity gained on principal adds $1,478/yr, and annual property appreciation at 5% supports $63,268 by year five. Five-year ROI tracks 162.14% and total cumulative return in cash totals $123,089. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,212/mo property income relative to a $1,121/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1982
10,000 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Arthur Destefano • RE/MAX ALLIANCE GROUP
Mls Name: Stellar MLS
Mls ID: #C7519266