7324 Candace LnPt CharlotteFL33981
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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 7324 Candace Ln, Pt Charlotte, FL, 33981 earns $189/mo cash flow from $1,283/mo rent with a $807/mo payment. Total monthly income totals $1,283/mo, and annual cash flow totals $2,266/yr on $54,664 capital. ROI tracks 24.05% on current figures, and rental yield reads 9.34% at a $164,900 purchase. Equity gained on principal adds $1,064/yr, and 5% annual appreciation supports $45,559 over five years. Five-year ROI reaches 125.64% and total cumulative return in cash sums $68,680. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,283/mo property income instead of your personal income.
Manufactured
Built in 1983
5,999 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
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Listed by: Karen Rand • PARADISE EXCLUSIVE INC
Mls Name: Stellar MLS
Mls ID: #D6144179