16120 Ivy Ridge CtPort 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
Investment property for sale in Port Charlotte at 16120 Ivy Ridge Ct, Port Charlotte, FL, 33953 earns $816/mo cash flow from $3,240/mo rent with a $1,598/mo payment. Total monthly income totals $3,240/mo, and annual cash flow totals $9,795/yr on $108,246 capital. ROI tracks 28.96% on current figures, and rental yield reads 11.91% at a $326,535 purchase. Equity gained on principal adds $2,107/yr, and 5% annual appreciation supports $90,216 over five years. Five-year ROI reaches 153.01% and total cumulative return in cash sums $165,627. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,240/mo property income instead of your personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$257 monthly 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: Michelle Campbell • TAYLOR MORRISON RLTY OF FLA
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #A4646556
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511