3487 Pennyroyal 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
Rental property for sale in Pt Charlotte at 3487 Pennyroyal Rd, Pt Charlotte, FL, 33953 offers $4,979/mo rent that, after a $3,666/mo payment, leaves $8/mo cash flow. Total monthly income is $4,979/mo, and annual cash flow is $102/yr on $246,421 cash. Return on cash invested measures 20.1% in year one, and rental yield stands at 7.98% at a $749,000 entry. Equity gained on principal adds $4,833/yr while 5% annual appreciation compounds into $206,935 by year five. Five-year ROI records 104.44% and total cumulative return in cash reaches $257,356. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,979/mo property income versus a $3,666/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
0.39 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: Janice Fanstill • RIVERWOOD REALTY
Mls Name: Stellar MLS
Mls ID: #D6143894