19375 Water Oak Dr UNIT 106Pt 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
Total monthly income runs $1,615/mo, and a $998/mo payment. Purchase price stands at $204,000, and rental yield measures 9.5% with $1,615/mo rent. Return on cash invested shows 18.31% in year one, and 5% annual appreciation builds toward $56,361 over five years. Five-year ROI reaches 97.12% and total cumulative return in cash records $65,680. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,615/mo property income covering a $998/mo payment rather than investor’s personal income.
Condo
Built in 2004
913 sqft lot
$N/A/sqft
$352 monthly 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: Jesse DeMello • RE/MAX PALM REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #C7508490
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511