963 Kennwood TerPort CharlotteFL33948
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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 963 Kennwood Ter, Port Charlotte, FL, 33948 at $243,500 posts ROI 31.31% with $767/mo cash flow from $2,400/mo rent. Total monthly income equals $2,400/mo, and annual cash flow records $9,202/yr on $80,720 to close. Return on cash invested measures 31.31% and rental yield reads 11.83% at the current $243,500. Equity gained on principal adds $1,571/yr, and 5% annual appreciation supports $67,275 by year five. Five-year ROI prints 164.65% and total cumulative return in cash totals $132,909.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,400/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1986
10,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33948, Port Charlotte, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,689 (100%) |
| Owner Occupied HU | 6,388 (73.5%) |
| Renter Occupied HU | 1,244 (14.3%) |
| Vacant Housing Units | 1,057 (12.2%) |
| Median Home Value | $404,052 |
| Average Home Value | $468,545 |
Housing Distribution
Address Breakdown
Residential
9,126
Single Family
7,571
Multi-Family
1,555
Businesses
546
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Listed by: Rhonda Gustitus • KW PEACE RIVER PARTNERS
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #C7493328
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