388 Wabash TerPt CharlotteFL33954
Nearby investment properties with comparable rents
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 388 Wabash Ter, Pt Charlotte, FL, 33954 generates $2,469/mo in rent, after a $1,708/mo payment. Total monthly income is $2,469/mo. Return on cash invested sits at 18.21% in year one, and rental yield is 8.49% on a $349,000 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 95.53% and total cumulative return in cash sums $110,520. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,469/mo property income rather than buyer’s personal income.
Single Family
Built in 1993
9,999 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33954, Port Charlotte, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,574 (100%) |
| Owner Occupied HU | 4,200 (75.3%) |
| Renter Occupied HU | 875 (15.7%) |
| Vacant Housing Units | 499 ( 9.0%) |
| Median Home Value | $383,408 |
| Average Home Value | $525,471 |
Housing Distribution
Address Breakdown
Residential
5,609
Single Family
5,262
Multi-Family
347
Businesses
293
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christopher Grant • RE/MAX ANCHOR OF MARINA PARK
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #C7506573
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511