517 Reading StPort CharlotteFL33952
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
Investment property for sale in Port Charlotte at 517 Reading St, Port Charlotte, FL, 33952 uses $52,543 cash to close to unlock $2,579/yr annual cash flow and $215/mo monthly cash flow. Total monthly income runs $1,267/mo, and a $776/mo payment keeps the spread at $215/mo. Purchase price stands at $158,500, and rental yield measures 9.59% with $1,267/mo rent. Return on cash invested shows 24.82% in year one, and 5% annual appreciation builds toward $43,791 over five years. Five-year ROI reaches 129.74% and total cumulative return in cash records $68,171. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,267/mo property income covering a $776/mo payment rather than investor’s personal income.
Single Family
Built in 1971
80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33952, Port Charlotte, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,784 (100%) |
| Owner Occupied HU | 10,981 (65.4%) |
| Renter Occupied HU | 3,447 (20.5%) |
| Vacant Housing Units | 2,356 (14.0%) |
| Median Home Value | $300,977 |
| Average Home Value | $393,134 |
Housing Distribution
Address Breakdown
Residential
15,323
Single Family
14,224
Multi-Family
1,099
Businesses
719
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Karley Bennett • Rent 1 Sale 1 Realty
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025013088