4285 Oak Terrace CirPort CharlotteFL33953
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 Port Charlotte at 4285 Oak Terrace Cir, Port Charlotte, FL, 33953 priced at $295,000 converts $2,534/mo rent into $576/mo cash flow after a $1,444/mo obligation. Total monthly income equals $2,534/mo, and annual cash flow totals $6,915/yr on $97,793 invested. Return on cash invested prints 26.98% in year one, and rental yield reads 10.31% against a $295,000 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation compiles into $81,503 by year five. Five-year ROI reaches 141.37% and total cumulative return in cash sums $138,254. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,534/mo property income covering a $1,444/mo payment, not borrower’s personal income.
Single Family
Built in 2024
5,299 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: Shawn Grimes • EXP REALTY LLC
Mls Name: Stellar MLS
Mls ID: #C7509350