2440 Elkcam BlvdPt CharlotteFL33952
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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 Pt Charlotte at 2440 Elkcam Blvd, Pt Charlotte, FL, 33952 priced at $259,000 pairs $1,888/mo rent with $169/mo cash flow after a $1,268/mo payment. Total monthly income equals $1,888/mo, and annual cash flow comes to $2,027/yr on $85,859 invested. Return on cash invested is 22.27% in year one, and rental yield stands at 8.75% on a $259,000 basis. Equity gained on principal adds $1,671/yr, and 5% annual appreciation accumulates to $71,557 by year five. Five-year ROI measures 116.08% and total cumulative return in cash reaches $99,664. For financing, Ziffy Mortgage’s DSCR program evaluates $1,888/mo property income against a $1,268/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1962
9,375 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
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Listed by: Bonnie Scates-Caudill • RE/MAX PALM REALTY
Mls Name: Stellar MLS
Mls ID: #A4674609