4943 Lake Charles Dr NKenneth CityFL33709
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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
Investment property for sale in Kenneth City at 4943 Lake Charles Dr N, Kenneth City, FL, 33709 listed at $449,900 pairs $3,874/mo rent with a $2,202/mo payment to leave $888/mo cash flow. Total monthly income runs $3,874/mo, and annual cash flow reaches $10,661/yr on $149,142 cash to close. Return on cash invested measures 27.06% in year one, and rental yield registers 10.33% at a $449,900 basis. Equity gained on principal adds $2,903/yr, and annual property appreciation at 5% supports $124,299 by year five. Five-year ROI tracks 141.78% and total cumulative return in cash totals $211,450. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,874/mo property income relative to a $2,202/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1956
7,444 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33709, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,719 (100%) |
| Owner Occupied HU | 9,528 (64.7%) |
| Renter Occupied HU | 3,231 (22.0%) |
| Vacant Housing Units | 1,960 (13.3%) |
| Median Home Value | $280,859 |
| Average Home Value | $309,147 |
Housing Distribution
Address Breakdown
Residential
13,630
Single Family
10,773
Multi-Family
2,857
Businesses
700
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Listed by: Trinh Pham • BRODERICK & ASSOCIATES INC
Mls Name: Stellar MLS
Mls ID: #TB8406565