2625 Wax Myrtle CtPt 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
Investment property for sale in Pt Charlotte at 2625 Wax Myrtle Ct, Pt Charlotte, FL, 33953 listed at $299,000 pairs $2,488/mo rent with a $1,463/mo payment to leave $504/mo cash flow. Total monthly income runs $2,488/mo, and annual cash flow reaches $6,051/yr on $99,119 cash to close. Return on cash invested measures 26.01% in year one, and rental yield registers 9.99% at a $299,000 basis. Equity gained on principal adds $1,929/yr, and annual property appreciation at 5% supports $82,608 by year five. Five-year ROI tracks 136.19% and total cumulative return in cash totals $134,986. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,488/mo property income relative to a $1,463/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2007
10,648 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: Janice Fanstill • RIVERWOOD REALTY
Mls Name: Stellar MLS
Mls ID: #D6143874