426 Ricold 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 426 Ricold Ter, Pt Charlotte, FL, 33954 priced at $214,000 pairs $1,636/mo rent with $63/mo cash flow after a $1,047/mo payment. Total monthly income equals $1,636/mo, and annual cash flow comes to $759/yr on $70,941 invested. Return on cash invested is 20.98% in year one, and rental yield stands at 9.17% on a $214,000 basis. Equity gained on principal adds $1,381/yr, and 5% annual appreciation accumulates to $59,124 by year five. Five-year ROI measures 110.15% and total cumulative return in cash reaches $78,143. For financing, Ziffy Mortgage’s DSCR program evaluates $1,636/mo property income against a $1,047/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1989
5,000 sqft lot
$N/A/sqft
$53 monthly 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
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Listed by: Chad Vogt • RE/MAX PALM REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #C7511671
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