21405 Olean Blvd APT 605Port 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 21405 Olean Blvd APT 605, Port Charlotte, FL, 33952 offers a 9.52% rental yield on a $135,000 purchase with $1,071/mo rent. Total monthly income registers $1,071/mo, and a $661/mo payment leaves $175/mo available for distribution. Annual cash flow reaches $2,098/yr on $44,753 to close, and return on cash invested stands at 24.6% in year one. Equity gained on principal adds $871/yr while 5% annual appreciation supports $37,298 over five years. Portfolio math shows five-year ROI at 128.55% and total cumulative return in cash at $57,529. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,071/mo property income against a $661/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1982
10,000 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: Amy Heck Mangione • RE/MAX PALM REALTY
Mls Name: Stellar MLS
Mls ID: #C7519716