505 Ricold TerPt CharlotteFL33954
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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 Pt Charlotte at 505 Ricold Ter, Pt Charlotte, FL, 33954 earns $399/mo cash flow from $1,561/mo rent with a $857/mo payment. Total monthly income totals $1,561/mo, and annual cash flow totals $4,791/yr on $58,013 capital. ROI tracks 28.17% on current figures, and rental yield reads 10.7% at a $175,000 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 over five years. Five-year ROI reaches 147.79% and total cumulative return in cash sums $85,735. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,561/mo property income instead of your personal income.
Single Family
Built in 1989
9,415 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
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Listed by: Bradley Geddeis • OCEAN PARTNERS REAL ESTATE
Mls Name: Stellar MLS
Mls ID: #C7518991