3099 Pellam BlvdPt 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 3099 Pellam Blvd, Pt Charlotte, FL, 33948 listed at $250,000 pairs $2,324/mo rent with a $1,224/mo payment to leave $665/mo cash flow. Total monthly income runs $2,324/mo, and annual cash flow reaches $7,975/yr on $82,875 cash to close. Return on cash invested measures 29.53% in year one, and rental yield registers 11.16% at a $250,000 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,070 by year five. Five-year ROI tracks 155.06% and total cumulative return in cash totals $128,506. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,324/mo property income relative to a $1,224/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1980
0.34 Acres 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: Brian Perrault • RE/MAX PALM REALTY
Mls Name: Stellar MLS
Mls ID: #C7517578