2341 Granadeer StPt CharlotteFL33948
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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 Pt Charlotte at 2341 Granadeer St, Pt Charlotte, FL, 33948 offers a 8.15% rental yield on a $225,000 purchase with $1,528/mo rent. Total monthly income registers $1,528/mo, and a $1,101/mo payment leaves $35/mo available for distribution. Annual cash flow reaches $421/yr on $74,588 to close, and return on cash invested stands at 20.47% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 106.5% and total cumulative return in cash at $79,437. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,528/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1984
10,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33948, Port Charlotte, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,689 (100%) |
| Owner Occupied HU | 6,388 (73.5%) |
| Renter Occupied HU | 1,244 (14.3%) |
| Vacant Housing Units | 1,057 (12.2%) |
| Median Home Value | $404,052 |
| Average Home Value | $468,545 |
Housing Distribution
Address Breakdown
Residential
9,126
Single Family
7,571
Multi-Family
1,555
Businesses
546
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Listed by: Jeff Vickery • COLDWELL BANKER REALTY
Mls Name: Stellar MLS
Mls ID: #C7518641