23077 Hammond AvePt CharlotteFL33954
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Pt Charlotte at 23077 Hammond Ave, Pt Charlotte, FL, 33954 uses $116,025 cash to close to unlock $12,449/yr annual cash flow and $1,037/mo monthly cash flow. Total monthly income runs $3,360/mo, and a $1,713/mo payment keeps the spread at $1,037/mo. Purchase price stands at $350,000, and rental yield measures 11.52% with $3,360/mo rent. Return on cash invested shows 30.64% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 160.98% and total cumulative return in cash records $186,782. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,360/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 1992
10,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33954, Port Charlotte, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,574 (100%) |
| Owner Occupied HU | 4,200 (75.3%) |
| Renter Occupied HU | 875 (15.7%) |
| Vacant Housing Units | 499 ( 9.0%) |
| Median Home Value | $383,408 |
| Average Home Value | $525,471 |
Housing Distribution
Address Breakdown
Residential
5,609
Single Family
5,262
Multi-Family
347
Businesses
293
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa Eubank • COOPERATIVE REALTY WELCOMEHOME
Mls Name: Stellar MLS
Mls ID: #D6145157