Wheaton Plan, Cove at West PortPt CharlotteFL33953
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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 Pt Charlotte at Wheaton Plan, Cove at West Port, Pt Charlotte, FL, 33953 offers $3,763/mo rent that, after a $2,276/mo payment, leaves $677/mo cash flow. Total monthly income is $3,763/mo, and annual cash flow is $8,126/yr on $154,144 cash. Return on cash invested measures 25.18% in year one, and rental yield stands at 9.71% at a $464,990 entry. Equity gained on principal adds $3,001/yr while 5% annual appreciation compounds into $128,468 by year five. Five-year ROI records 131.72% and total cumulative return in cash reaches $203,036. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,763/mo property income versus a $2,276/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33953, Port Charlotte, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,112 (100%) |
| Owner Occupied HU | 4,178 (68.4%) |
| Renter Occupied HU | 524 ( 8.6%) |
| Vacant Housing Units | 1,410 (23.1%) |
| Median Home Value | $430,250 |
| Average Home Value | $458,014 |
Housing Distribution
Address Breakdown
Residential
4,870
Single Family
4,605
Multi-Family
265
Businesses
372
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Listed by: Online Sales Concierge • D.R. Horton - Southwest Florida
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A