7598 Ratan CirPt 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 7598 Ratan Cir, Pt Charlotte, FL, 33981 uses $61,659 cash to close to unlock $2,354/yr annual cash flow and $196/mo monthly cash flow. Total monthly income runs $1,636/mo, and a $910/mo payment keeps the spread at $196/mo. Purchase price stands at $186,000, and rental yield measures 10.55% with $1,636/mo rent. Return on cash invested shows 23.73% in year one, and 5% annual appreciation builds toward $51,388 over five years. Five-year ROI reaches 125.42% and total cumulative return in cash records $77,332. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,636/mo property income covering a $910/mo payment rather than investor’s personal income.
Manufactured
Built in 1982
6,000 sqft lot
$N/A/sqft
$140 monthly 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: Christine Connolly • RE/MAX ALLIANCE GROUP
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #C7508153
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511