234 Cutter CtNorth PortFL34287
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
Rental property for sale in North Port at 234 Cutter Ct, North Port, FL, 34287 offers $1,458/mo rent that, after a $925/mo payment, leaves $204/mo cash flow. Total monthly income is $1,458/mo, and annual cash flow is $2,446/yr on $62,654 cash. Return on cash invested measures 23.81% in year one, and rental yield stands at 9.26% at a $189,000 entry. Equity gained on principal adds $1,220/yr while 5% annual appreciation compounds into $52,217 by year five. Five-year ROI records 124.38% and total cumulative return in cash reaches $77,926. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,458/mo property income versus a $925/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1982
5,483 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: Peter West • BISHOP WEST REAL ESTATE LLC
Mls Name: Stellar MLS
Mls ID: #N6140986