2108 La Palma AvePt CharlotteFL33953
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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 2108 La Palma Ave, Pt Charlotte, FL, 33953 priced at $449,500 converts $2,937/mo rent into after a $2,200/mo obligation. Total monthly income equals $2,937/mo. Return on cash invested prints 19.54% in year one, and rental yield reads 7.84% against a $449,500 entry. Equity gained on principal adds $2,901/yr, while 5% annual appreciation compiles into $124,189 by year five. Five-year ROI reaches 101.47% and total cumulative return in cash sums $151,193. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,937/mo property income covering a $2,200/mo payment, not borrower’s personal income.
Single Family
Built in 2017
6,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33953, Port Charlotte, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,112 (100%) |
| Owner Occupied HU | 4,178 (68.4%) |
| Renter Occupied HU | 524 ( 8.6%) |
| Vacant Housing Units | 1,410 (23.1%) |
| Median Home Value | $430,250 |
| Average Home Value | $458,014 |
Housing Distribution
Address Breakdown
Residential
4,870
Single Family
4,605
Multi-Family
265
Businesses
372
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Listed by: Patty Gillespie • RE/MAX ALLIANCE GROUP
Mls Name: Stellar MLS
Mls ID: #C7519991