7104 Castilla StPt CharlotteFL33981
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 7104 Castilla St, Pt Charlotte, FL, 33981 in Pt Charlotte is narrow, $80/mo net on $1,736/mo rent after the $1,122/mo debt service, but the property operates at break-even-plus, not a loss. At $249,500 with a 8.35% yield, the long-run equity case via 5% appreciation ($68,932 over five years) and $2,298/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.55 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $100,289.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 5.2% |
| Monthly Cash Flow | $80 | $400 |
City averages based on Pt Charlotte market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,736 |
| Total Monthly Debt Service | $1,556 |
| DSCR Ratio | 1.12x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1983
9,999 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33981, Port Charlotte, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,365 (100%) |
| Owner Occupied HU | 6,914 (73.8%) |
| Renter Occupied HU | 644 ( 6.9%) |
| Vacant Housing Units | 1,807 (19.3%) |
| Median Home Value | $475,000 |
| Average Home Value | $544,816 |
Housing Distribution
Address Breakdown
Residential
8,790
Single Family
8,789
Multi-Family
1
Businesses
112
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
Single Family
Built in 1983
9,999 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33981, Port Charlotte, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,365 (100%) |
| Owner Occupied HU | 6,914 (73.8%) |
| Renter Occupied HU | 644 ( 6.9%) |
| Vacant Housing Units | 1,807 (19.3%) |
| Median Home Value | $475,000 |
| Average Home Value | $544,816 |
Housing Distribution
Address Breakdown
Residential
8,790
Single Family
8,789
Multi-Family
1
Businesses
112
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Maria Mora Munoz • COLDWELL BANKER SUNSTAR REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #D6142911
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