509 Border StPt 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 Pt Charlotte at 509 Border St, Pt Charlotte, FL, 33953 priced at $244,900 converts $1,720/mo rent into $94/mo cash flow after a $1,199/mo obligation. Total monthly income equals $1,720/mo, and annual cash flow totals $1,134/yr on $81,184 invested. Return on cash invested prints 21.31% in year one, and rental yield reads 8.43% against a $244,900 entry. Equity gained on principal adds $1,580/yr, while 5% annual appreciation compiles into $67,661 by year five. Five-year ROI reaches 110.95% and total cumulative return in cash sums $90,077. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,720/mo property income covering a $1,199/mo payment, not borrower’s personal income.
Single Family
Built in 1987
9,999 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Billy Jones • BARNES & PHILLIPS REAL ESTATE
Mls Name: Stellar MLS
Mls ID: #C7517806