21287 Gertrude Ave APT 211Port 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
Investment property for sale in Port Charlotte at 21287 Gertrude Ave APT 211, Port Charlotte, FL, 33952 listed at $124,000 pairs $948/mo rent with a $607/mo payment to leave $125/mo cash flow. Total monthly income runs $948/mo, and annual cash flow reaches $1,500/yr on $41,106 cash to close. Return on cash invested measures 23.56% in year one, and rental yield registers 9.17% at a $124,000 basis. Equity gained on principal adds $800/yr, and annual property appreciation at 5% supports $34,259 by year five. Five-year ROI tracks 123.14% and total cumulative return in cash totals $50,619. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $948/mo property income relative to a $607/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1973
923 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: Chris Pizzolato • KW PEACE RIVER PARTNERS
Mls Name: Stellar MLS
Mls ID: #C7514196