7344 Adana AvePort 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 Port Charlotte at 7344 Adana Ave, Port Charlotte, FL, 33981 uses $52,709 cash to close to unlock $5,365/yr annual cash flow and $447/mo monthly cash flow. Total monthly income runs $1,502/mo, and a $778/mo payment keeps the spread at $447/mo. Purchase price stands at $159,000, and rental yield measures 11.34% with $1,502/mo rent. Return on cash invested shows 30.09% in year one, and 5% annual appreciation builds toward $43,929 over five years. Five-year ROI reaches 158.11% and total cumulative return in cash records $83,340. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,502/mo property income covering a $778/mo payment rather than investor’s personal income.
Single Family
Built in 2023
5,619 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: Steven Koleno • BEYCOME OF FLORIDA LLC
Mls Name: Stellar MLS
Mls ID: #O6330755