194 Garden Ave NWPt CharlotteFL33952
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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 194 Garden Ave NW, Pt Charlotte, FL, 33952 priced at $160,000 converts $1,267/mo rent into $205/mo cash flow after a $783/mo obligation. Total monthly income equals $1,267/mo, and annual cash flow totals $2,464/yr on $53,040 invested. Return on cash invested prints 24.55% in year one, and rental yield reads 9.5% against a $160,000 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation compiles into $44,205 by year five. Five-year ROI reaches 128.4% and total cumulative return in cash sums $68,102. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,267/mo property income covering a $783/mo payment, not borrower’s personal income.
Single Family
Built in 1972
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33952, Port Charlotte, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,784 (100%) |
| Owner Occupied HU | 10,981 (65.4%) |
| Renter Occupied HU | 3,447 (20.5%) |
| Vacant Housing Units | 2,356 (14.0%) |
| Median Home Value | $300,977 |
| Average Home Value | $393,134 |
Housing Distribution
Address Breakdown
Residential
15,323
Single Family
14,224
Multi-Family
1,099
Businesses
719
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Listed by: Tiffany Richmond • Keller Williams Island Life RE
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025026209