198 Cypress Ave NWPort 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 Port Charlotte at 198 Cypress Ave NW, Port Charlotte, FL, 33952 priced at $278,900 converts $2,146/mo rent into $295/mo cash flow after a $1,365/mo obligation. Total monthly income equals $2,146/mo, and annual cash flow totals $3,543/yr on $92,455 invested. Return on cash invested prints 23.74% in year one, and rental yield reads 9.23% against a $278,900 entry. Equity gained on principal adds $1,800/yr, while 5% annual appreciation compiles into $77,055 by year five. Five-year ROI reaches 124.02% and total cumulative return in cash sums $114,659. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,146/mo property income covering a $1,365/mo payment, not borrower’s personal income.
Single Family
Built in 1958
0.31 Acres 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: Betsy Tinervin • REAL BROKER, LLC
Mls Name: Stellar MLS
Mls ID: #TB8408039