18374 Elgin AvePort CharlotteFL33948
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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 18374 Elgin Ave, Port Charlotte, FL, 33948 earns from $1,865/mo rent with a $1,859/mo payment. Total monthly income totals $1,865/mo. ROI tracks 13.66% on current figures, and rental yield reads 5.89% at a $379,900 purchase. Equity gained on principal adds $2,451/yr, and 5% annual appreciation supports $104,959 over five years. Five-year ROI reaches 69.94% and total cumulative return in cash sums $88,085. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,865/mo property income instead of your personal income.
Single Family
Built in 2025
10,000 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
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Listed by: Fabiola Lemos • FLORIDA REALTY INVESTMENTS
Mls Name: Stellar MLS
Mls ID: #O6365016