4224 Oak Terrace CirPt 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 4224 Oak Terrace Cir, Pt Charlotte, FL, 33953 generates $2,416/mo in rent and, after a $1,419/mo payment, leaves $492/mo in cash flow. Total monthly income is $2,416/mo, and annual cash flow is $5,905/yr on $96,102 invested. Return on cash invested sits at 26.05% in year one, and rental yield is 10% on a $289,900 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 136.43% and total cumulative return in cash sums $131,109. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,416/mo property income rather than buyer’s personal income.
Single Family
Built in 1995
6,077 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: Christine Connolly • RE/MAX ALLIANCE GROUP
Mls Name: Stellar MLS
Mls ID: #C7513836