16300 Coconut Palm DrPort 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 16300 Coconut Palm Dr, Port Charlotte, FL, 33953 uses $98,621 cash to close to unlock $9,778/yr annual cash flow and $815/mo monthly cash flow. Total monthly income runs $2,789/mo, and a $1,456/mo payment keeps the spread at $815/mo. Purchase price stands at $297,500, and rental yield measures 11.25% with $2,789/mo rent. Return on cash invested shows 29.82% in year one, and 5% annual appreciation builds toward $82,194 over five years. Five-year ROI reaches 156.59% and total cumulative return in cash records $154,435. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,789/mo property income covering a $1,456/mo payment rather than investor’s personal income.
Single Family
Built in 2023
5,425 sqft 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: Laura Frantz • COLDWELL BANKER SUNSTAR REALTY
Mls Name: Stellar MLS
Mls ID: #C7514656