3101 Club Dr APT 220Port 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 Port Charlotte at 3101 Club Dr APT 220, Port Charlotte, FL, 33953 uses $95,804 cash to close to unlock $1,808/yr annual cash flow and $151/mo monthly cash flow. Total monthly income runs $2,069/mo, and a $1,415/mo payment keeps the spread at $151/mo. Purchase price stands at $289,000, and rental yield measures 8.59% with $2,069/mo rent. Return on cash invested shows 21.8% in year one, and 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 113.55% and total cumulative return in cash records $108,782. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,069/mo property income covering a $1,415/mo payment rather than investor’s personal income.
Condo
Built in 1996
2,472 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: #D6144361