3520 Kenneth RdPt CharlotteFL33953
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Nearby investment properties with comparable prices
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 3520 Kenneth Rd, Pt Charlotte, FL, 33953 priced at $227,500 pairs $3,007/mo rent with $1,498/mo cash flow after a $1,114/mo payment. Total monthly income equals $3,007/mo, and annual cash flow comes to $17,973/yr on $75,416 invested. Return on cash invested is 43.74% in year one, and rental yield stands at 15.86% on a $227,500 basis. Equity gained on principal adds $1,468/yr, and 5% annual appreciation accumulates to $62,854 by year five. Five-year ROI measures 231.23% and total cumulative return in cash reaches $174,386. For financing, Ziffy Mortgage’s DSCR program evaluates $3,007/mo property income against a $1,114/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1991
4,999 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: Jamie Peters • WALKER REALTY GROUP FLORIDA
Mls Name: Stellar MLS
Mls ID: #C7519920