175 Kings Hwy APT 1022Port CharlotteFL33983
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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 175 Kings Hwy APT 1022, Port Charlotte, FL, 33983 earns $135/mo cash flow from $1,031/mo rent with a $661/mo payment. Total monthly income totals $1,031/mo, and annual cash flow totals $1,618/yr on $44,753 capital. ROI tracks 23.53% on current figures, and rental yield reads 9.16% at a $135,000 purchase. Equity gained on principal adds $871/yr, and 5% annual appreciation supports $37,298 over five years. Five-year ROI reaches 122.81% and total cumulative return in cash sums $54,961. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,031/mo property income instead of your personal income.
Condo
Built in 1989
1,189 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33983, Punta Gorda, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,558 (100%) |
| Owner Occupied HU | 6,577 (68.8%) |
| Renter Occupied HU | 1,491 (15.6%) |
| Vacant Housing Units | 1,490 (15.6%) |
| Median Home Value | $388,262 |
| Average Home Value | $416,316 |
Housing Distribution
Address Breakdown
Residential
8,737
Single Family
8,037
Multi-Family
700
Businesses
144
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Listed by: Brooks Imlay • PREFERRED SHORE LLC
Mls Name: Stellar MLS
Mls ID: #C7516486