23022 Bayshore RdPort CharlotteFL33980
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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 23022 Bayshore Rd, Port Charlotte, FL, 33980 uses $82,875 cash to close to unlock $4,291/yr annual cash flow and $358/mo monthly cash flow. Total monthly income runs $2,017/mo, and a $1,224/mo payment keeps the spread at $358/mo. Purchase price stands at $250,000, and rental yield measures 9.68% with $2,017/mo rent. Return on cash invested shows 25.09% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 131.23% and total cumulative return in cash records $108,754. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,017/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 1958
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33980, Port Charlotte, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,328 (100%) |
| Owner Occupied HU | 4,800 (57.6%) |
| Renter Occupied HU | 1,560 (18.7%) |
| Vacant Housing Units | 1,968 (23.6%) |
| Median Home Value | $270,517 |
| Average Home Value | $289,113 |
Housing Distribution
Address Breakdown
Residential
7,477
Single Family
4,739
Multi-Family
2,738
Businesses
431
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Listed by: Scott Swonger • HOMESMART
Mls Name: Stellar MLS
Mls ID: #N6140208