2401 Starlite LnPt CharlotteFL33952
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 2401 Starlite Ln, Pt Charlotte, FL, 33952 uses $62,985 cash to close to unlock $4,969/yr annual cash flow and $414/mo monthly cash flow. Total monthly income runs $1,675/mo, and a $930/mo payment keeps the spread at $414/mo. Purchase price stands at $190,000, and rental yield measures 10.58% with $1,675/mo rent. Return on cash invested shows 27.8% in year one, and 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 145.81% and total cumulative return in cash records $91,836. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,675/mo property income covering a $930/mo payment rather than investor’s personal income.
Single Family
Built in 1962
7,499 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33952, Port Charlotte, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,784 (100%) |
| Owner Occupied HU | 10,981 (65.4%) |
| Renter Occupied HU | 3,447 (20.5%) |
| Vacant Housing Units | 2,356 (14.0%) |
| Median Home Value | $300,977 |
| Average Home Value | $393,134 |
Housing Distribution
Address Breakdown
Residential
15,323
Single Family
14,224
Multi-Family
1,099
Businesses
719
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Danielle Gillis • EXIT KING REALTY
Mls Name: Stellar MLS
Mls ID: #A4659737