8347 Ada StPort 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
Rental property for sale in Port Charlotte at 8347 Ada St, Port Charlotte, FL, 33981 offers $2,663/mo rent that, after a $1,869/mo payment, leaves $129/mo cash flow. Total monthly income is $2,663/mo, and annual cash flow is $1,548/yr on $126,567 cash. Return on cash invested measures 21.13% in year one, and rental yield stands at 8.37% at a $381,800 entry. Equity gained on principal adds $2,464/yr while 5% annual appreciation compounds into $105,484 by year five. Five-year ROI records 110.03% and total cumulative return in cash reaches $139,262. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,663/mo property income versus a $1,869/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
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
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Listed by: Dawn Elrod • ADAMS HOMES REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #C7498386
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