20340 Zelda Ave

Port Charlotte, FL 33952
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3 bd, 2 ba | 1,994 sqft | Built in 1986

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List Price
$320,000

Initial Investment

$87,200

Purchase Price

$320,000

Down Payment

25%

Rent

$2,090

Total Return

$195,396

Annualized Return

25.9%

Cap Rate

5.0%

Gross Yield

7.8%

Cash Flow

-$2,312

Appreciation

10.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

10,000

HOA

None

Flood Risk

Not Required

This inviting 3-bedroom, 2-bathroom home in the heart of Port Charlotte offers a blend of modern updates and thoughtful design. Recent improvements include a new roof installed in 2023, a newer air conditioning unit from 2020, new flooring throughout, and updated bathrooms and kitchen.
The key features of this home are impressive. The new roof ensures long-term durability and peace of mind, while the newer AC unit provides efficient climate control. The updated bathrooms feature elegant marbled epoxy showers, along with new cabinets and countertops. The contemporary kitchen is equipped with new shaker cabinets that match those in the bathrooms and solid stone countertops. The spacious floor plan includes both a formal living room and a family room. The kitchen opens to the dining and family rooms while maintaining privacy from the front living area, and the split floor plan offers additional privacy for guests.
Situated in a no-flood zone (X Zone), this property boasts a fenced backyard with ample space for a potential pool or garden. Its prime location provides convenient access to some of the most beautiful beaches in Southwest Florida, just 30 minutes away, and is less than 10 minutes from major shopping centers and amenities.
Don’t miss the opportunity to make this beautifully updated home yours. Schedule your appointment today!

See more in Analysis
Jeff Wills
Sefair Investments, Inc
FL Agent License #BK3326417

Annual Financial Highlights

Expected Rent

$23,826

Expenses

-$4,241

Property Taxes

-$4,500

Loan Payments

-$17,397

Net Cash Flow

-$2,312

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Priscilla Perez-McGuire
Agent License 3257733
RE/MAX PALM REALTY
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #C7495857
Last Updated: 07/27/2024 13:07
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