3470 Kenneth RdPt 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 3470 Kenneth Rd, Pt Charlotte, FL, 33953 listed at $115,000 pairs $2,148/mo rent with a $563/mo payment to leave $1,385/mo cash flow. Total monthly income runs $2,148/mo, and annual cash flow reaches $16,617/yr on $38,123 cash to close. Return on cash invested measures 63.5% in year one, and rental yield registers 22.41% at a $115,000 basis. Equity gained on principal adds $742/yr, and annual property appreciation at 5% supports $31,772 by year five. Five-year ROI tracks 337.21% and total cumulative return in cash totals $128,553. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,148/mo property income relative to a $563/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2004
0.25 Acres 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: Edward Maryon • LASBURY-TRACY REALTY INC.
Mls Name: Stellar MLS
Mls ID: #D6144461