233 Pirates PointNorth PortFL34287
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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 North Port at 233 Pirates Point, North Port, FL, 34287 priced at $139,900 pairs $1,117/mo rent with $188/mo cash flow after a $685/mo payment. Total monthly income equals $1,117/mo, and annual cash flow comes to $2,260/yr on $46,377 invested. Return on cash invested is 24.78% in year one, and rental yield stands at 9.58% on a $139,900 basis. Equity gained on principal adds $903/yr, and 5% annual appreciation accumulates to $38,652 by year five. Five-year ROI measures 129.64% and total cumulative return in cash reaches $60,123. For financing, Ziffy Mortgage’s DSCR program evaluates $1,117/mo property income against a $685/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1983
4,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34287, North Port, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,319 (100%) |
| Owner Occupied HU | 10,209 (66.6%) |
| Renter Occupied HU | 2,513 (16.4%) |
| Vacant Housing Units | 2,597 (17.0%) |
| Median Home Value | $334,638 |
| Average Home Value | $374,079 |
Housing Distribution
Address Breakdown
Residential
14,228
Single Family
13,862
Multi-Family
366
Businesses
459
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Listed by: Mindy Buckley • MICHAEL SAUNDERS & COMPANY
Mls Name: Stellar MLS
Mls ID: #N6141889