260 Lomond Dr #BPort CharlotteFL33953
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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 Port Charlotte at 260 Lomond Dr #B, Port Charlotte, FL, 33953 generates $1,777/mo in rent, after a $1,757/mo payment. Total monthly income is $1,777/mo. Return on cash invested sits at 13.07% in year one, and rental yield is 5.94% on a $359,000 entry. Equity gained on principal adds $2,317/yr, while 5% annual appreciation builds toward $99,185 over five years. Five-year ROI reaches 67.02% and total cumulative return in cash sums $79,759. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,777/mo property income rather than buyer’s personal income.
Multi Family
Built in 1985
9,999 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33953, Port Charlotte, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,112 (100%) |
| Owner Occupied HU | 4,178 (68.4%) |
| Renter Occupied HU | 524 ( 8.6%) |
| Vacant Housing Units | 1,410 (23.1%) |
| Median Home Value | $430,250 |
| Average Home Value | $458,014 |
Housing Distribution
Address Breakdown
Residential
4,870
Single Family
4,605
Multi-Family
265
Businesses
372
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Listed by: Matthew Rhoden • PROPERTY LIONS REALTY, INC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #C7508243
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511