17356 Gulfspray CirPt CharlotteFL33948
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
Rental property for sale in Pt Charlotte at 17356 Gulfspray Cir, Pt Charlotte, FL, 33948 offers $2,929/mo rent that, after a $2,570/mo payment. Total monthly income is $2,929/mo. Return on cash invested measures 16.2% in year one, and rental yield stands at 6.69% at a $525,000 entry. Equity gained on principal adds $3,388/yr while 5% annual appreciation compounds into $145,048 by year five. Five-year ROI records 83.53% and total cumulative return in cash reaches $144,273. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,929/mo property income versus a $2,570/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33948, Port Charlotte, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,689 (100%) |
| Owner Occupied HU | 6,388 (73.5%) |
| Renter Occupied HU | 1,244 (14.3%) |
| Vacant Housing Units | 1,057 (12.2%) |
| Median Home Value | $404,052 |
| Average Home Value | $468,545 |
Housing Distribution
Address Breakdown
Residential
9,126
Single Family
7,571
Multi-Family
1,555
Businesses
546
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cynthia Logan • KW Peace River Partners
Mls Name: Florida Gulf Coast MLS
Mls ID: #225058568