18451 Goodman CirPt 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
Rental property for sale in Pt Charlotte at 18451 Goodman Cir, Pt Charlotte, FL, 33948 generates $2,357/mo in rent and, after a $1,717/mo payment, leaves $29/mo in cash flow. Total monthly income is $2,357/mo, and annual cash flow is $346/yr on $116,323 invested. Return on cash invested sits at 20.21% in year one, and rental yield is 8.06% on a $350,900 entry. Equity gained on principal adds $2,264/yr, while 5% annual appreciation builds toward $96,947 over five years. Five-year ROI reaches 105.01% and total cumulative return in cash sums $122,156. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,357/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
0.27 Acres 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: Joe Giraldi • RE/MAX ALLIANCE GROUP
Mls Name: Stellar MLS
Mls ID: #D6142245