3104 Lessing StPort 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
Rental property for sale in Port Charlotte at 3104 Lessing St, Port Charlotte, FL, 33948 generates $2,959/mo in rent, after a $2,447/mo payment. Total monthly income is $2,959/mo. Return on cash invested sits at 17.31% in year one, and rental yield is 7.1% on a $499,900 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,113 over five years. Five-year ROI reaches 89.52% and total cumulative return in cash sums $148,356. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,959/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
0.46 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: Terry Arculus • COLDWELL BANKER REALTY
Mls Name: Stellar MLS
Mls ID: #C7516103