5104 Silver Bell Dr · Port Charlotte, FL 33948

$175,000

3 bd · 2.0 ba · 1,482 sqft · SingleFamily public records · 25 Days on market

Built 1986 10,039 sqft lot

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Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +4.6/10.0
• Livability +3.2/5.0
• Condition / age +2.5/5.0
• Rent growth +2.1/5.0
• Appreciation +0.0/10.0

Listing remarks

Spacious home with 3 bedrooms, 2 baths and a bonus room. Dining room with french doors that lead to the screened back porch. Buyer is advised to have complete and thorough inspections done and to verify all information. Seller/Agents have no knowledge of property conditions. Being Sold As-Is.

Key facts

• 0.23 acre lot
• Built 1986
• Listed 25 days

Property features AI

Finance

• Other: Property type: Single Family Residence; Zoning: RSF3.5; Total building area about 2004 square feet (per public records); Living area about 1482 square feet (per public records); Lot size about 0.23 acres; Property is unfurnished; No CDD; No waterfront or water access; Directions: Edgewater Dr. North to left on Midway Blvd., right on Ohara Rd., left on Silver Bell Dr.
• HOA & community: No HOA/association indicated

Exterior

• Utilities: Public water; Public sewer; Electricity connected
• Home design: Single family residence; Residential property; Two stories; Faces north; Entry level information not provided
• Construction: Vinyl siding and frame construction; Shingle roof; Slab foundation; Built using standard residential construction materials
• Exterior features: Paved road access; Lot about 0.23 acre

Interior

• Kitchen: Dishwasher; Microwave; Range; Refrigerator
• Bedrooms: 3 bedrooms
• Flooring: Carpet; Laminate
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Cathedral ceilings; Ceiling fans
• Laundry & utility: Laundry inside

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $175k.

Deal economics

• At list price, monthly cash flow is $469 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $175k).
• Recommended offer: $172k (1.5% below list) — sets the bar for market timing.
• Cap rate 12.4% vs local median 4.4% in Port Charlotte — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 65/100 on livability (#655 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment D, amenities F, commute F.
• Charlotte (suburban): math 54% / reading 54% proficiency, ranked #22 of 73 in FL (top 30%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Meadow Park Elementary School (math 61% / reading 56%, grade B-, #735 of 2,144 statewide, top 35%, 701 students, 59% FRL); Murdock Middle School (math 50% / reading 45%, grade C-, #288 of 571 statewide, top 51%, 577 students, 56% FRL); Port Charlotte High School (math 23% / reading 38%, grade F, #434 of 667 statewide, top 66%, 1,649 students, 43% FRL) — zoned schools at 53% FRL track the district average.
• Market conditions: Rents soft (-1.6%/yr); 964 active listings in the ZIP; 22 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 4,585 units permitted in Charlotte County in 2024 (703 in 5+ unit buildings).
• At $2,827/mo this rent would consume 54% of the median local household income ($63k/yr) (locally 501% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Charlotte County population projected at +24% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 25 days — a 2% lower offer ($172k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 6y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→28/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $172,375 (1.5% below list)

Questions for the listing agent

1. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
5. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
6. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.62% ✓
• Cap rate: 12.43%
• Cash-on-cash: 21.93%
• DSCR: 1.98
• GRM: 5.2

CMA / ARV

• ARV (on-the-fly): $386,802
• Comps found: 9

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5121 Chaves Cir	0.14mi	3/2.0	1,336 (-10%)	6mo	$183,980	$138	72
19220 Moore Haven Ct	0.44mi	3/2.0	1,401 (-6%)	1mo	$367,500	$262	69
18671 Arapahoe Cir	0.39mi	3/2.0	1,453 (-2%)	18mo	$299,000	$206	63
18486 Briggs Cir	0.41mi	3/2.0	1,430 (-4%)	15mo	$360,000	$252	63
18698 Ashcroft Cir	0.12mi	3/2.0	1,666 (+12%)	19mo	$251,000	$151	58
4334 Wynkoop Cir	0.63mi	2/2.0 (-1)	1,436 (-3%)	10mo	$375,000	$261	52
19179 Aviation Ct	0.41mi	3/2.0	1,700 (+15%)	14mo	$600,000	$353	44
18502 Arapahoe Cir	0.51mi	3/2.0	1,677 (+13%)	14mo	$610,000	$364	42
18361 Hottelet Cir	0.64mi	2/2.0 (-1)	1,288 (-13%)	4mo	$525,000	$408	40

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -3.6%
• Equity multiple: 0.87×
• Total profit: $-6,384
• Equity at exit: $26,093

10-year hold

• IRR: 0.9%
• Equity multiple: 1.05×
• Total profit: $2,449
• Equity at exit: $15,131

Cash invested: $49,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 33948

• Home prices YoY: -14.9%
• Rents YoY: -1.6%
• Active inventory: 964
• Price-to-rent: 5.2×

Monthly cashflow live

• Estimated rent: $2,827 high
• Mortgage (P&I): −$918
• Tax from tax record: −$347 /mo · $4,169/yr
• Insurance: −$73
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$594
• Net cashflow: $469

Break-even live

Break-even rent $2,234

Max offer price $175,000

Occupancy floor 78%

Sensitivity live

Price	-10% $568	-5% $519	+0% $469	+5% $420	+10% $370
Rent	-10% $246	-5% $357	+0% $469	+5% $581	+10% $692
Rate	-1.0pp $557	-0.5pp $514	base $469	+0.5pp $424	+1.0pp $378

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $43,750
• Closing costs: $5,250
• Reserves months: —
• Total cash needed: —

Rent comps 22 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
18810 Ashcroft Cir Port Charlotte, FL	3.0	2.0	1387	$3,800	$2.74	23d	1	0.11mi
5081 Administration St Port Charlotte, FL	2.0	1.0	900	$1,500	$1.67	23d	1	0.26mi
4670 Herman Cir Port Charlotte, FL	3.0	2.0	1350	$2,200	$1.63	23d	1	0.28mi
18686 Van Nuys Cir Port Charlotte, FL	3.0	2.0	1168	$1,600	$1.37	23d	1	0.44mi
18634 Goodman Cir Port Charlotte, FL	3.0	1.5	1182	$1,700	$1.44	16d	1	0.55mi
4518 Wynkoop Cir Port Charlotte, FL	2.0	2.0	1409	$1,995	$1.42	16d	1	0.64mi
18310 Burkholder Cir Port Charlotte, FL	3.0	2.0	1753	$3,250	$1.85	23d	1	0.67mi
18493 Lake Worth Blvd Port Charlotte, FL	2.0	2.0	1006	$1,500	$1.49	23d	1	0.71mi
4342 Ewing Cir Port Charlotte, FL	3.0	2.0	1260	$2,500	$1.98	23d	1	0.72mi
4399 Mundella Cir Port Charlotte, FL	3.0	2.0	1140	$3,200	$2.81	23d	1	0.81mi
18625 Alphonse Cir Port Charlotte, FL	2.0	2.0	960	$4,000	$4.17	23d	1	0.82mi
18608 Alphonse Cir Port Charlotte, FL	3.0	2.0	1441	$4,000	$2.78	23d	1	0.84mi
18058 Avonsdale Cir Port Charlotte, FL	3.0	2.0	1453	$4,000	$2.75	23d	1	0.89mi
18289 Wolbrette Cir Port Charlotte, FL	2.0	2.0	1393	$4,000	$2.87	23d	1	0.90mi
18019 Avonsdale Cir Port Charlotte, FL	3.0	2.0	1202	$1,900	$1.58	23d	1	0.96mi
18312 Driggers Ave Port Charlotte, FL	3.0	2.0	1428	$5,400	$3.78	23d	1	0.99mi
4123 Michel Tree St Port Charlotte, FL	3.0	2.0	920	$1,750	$1.90	23d	1	0.99mi
4192 Gingold St Port Charlotte, FL	3.0	2.0	1127	$4,200	$3.73	23d	1	1.03mi
4112 Gingold St Port Charlotte, FL	2.0	1.5	1056	$3,300	$3.12	23d	1	1.05mi
18522 Robinson Ave Port Charlotte, FL	3.0	2.0	1252	$2,000	$1.60	23d	1	1.18mi
4306 Joseph St Port Charlotte, FL	4.0	2.0	1636	$2,600	$1.59	16d	1	1.38mi
18353 Grace Ave Port Charlotte, FL	3.0	2.0	1658	$2,100	$1.27	23d	1	1.49mi

Listing history 19 events

1. 2026-05-11
   status Pending
2. 2026-04-28
   status Active
3. 2026-04-26
   status Pending
4. 2026-04-14
   listed $175,000 Active
5. 2025-12-31
   historical
6. 2025-03-11
   listed $255,000 Active
7. 2024-12-30
   historical
8. 2024-11-06
   price $259,900
9. 2024-09-09
   price $275,000
10. 2024-08-04
    price $279,900
11. 2024-06-18
    listed $289,900 Active
12. 2020-12-07
    soldstatus $235,000
13. 2020-12-04
    soldstatus $235,000 Sold
14. 2020-10-19
    status Pending
15. 2020-10-16
    listed $259,000 Active
16. 2020-08-28
    soldstatus $121,000 Sold
17. 2020-08-07
    status Pending
18. 2020-07-02
    listed $135,000 Active
19. 1997-10-03
    soldstatus $77,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $4,169 · $347/mo
• Projected year-2 tax: $4,169 · $347/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 9/10 Extreme FEMA zone AE · 99% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 28 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $33,929
• − Mortgage interest: −$9,803
• − Property taxes: −$4,169
• − Insurance: −$5,994
• − Repairs & maintenance: −$2,714
• − Management: −$2,714
• − Depreciation: −$5,091
• Taxable income: $3,444
• Est. tax owed @ 24.0%: −$827
• After-tax cash flow: $4,802/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Charlotte
• NCES district ID: 1200240
• Math proficiency: 54% ▼ -6.00%
• Reading proficiency: 54% ▼ -1.00%
• Median HH income: $44,864
• Composite: 45.62/100
• National rank: #2586
• State rank: #22 of 73 in FL

Livability — Port Charlotte

• Score: 65/100
• State rank: #655
• US rank: #13081

Category grades

Amenities F Commute F Cost of living A+ Crime C+ Employment D Housing A+ Health & safety D- User ratings D+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Port Charlotte, FL
• County: Charlotte County · 196,994 people
• City population: 102,180
• Metro: Punta Gorda, FL
• Population (ZIP): 18,696
• Household income: $62,744
• Rent vs Own: 13.8% rent · 86.2% own
• Severe rent burden: 501.0

Population outlook (Charlotte County) Hauer SSP2

• Today (2025): 198,646 people
• By 2030: 210,507 · +6.0%
• By 2040: 230,857 · +16.2%
• By 2050: 247,148 · +24.4%
• By 2075: 281,777 · +41.8%
• By 2100: 293,609 · +47.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (79%)
• Race & ethnicity: White 79% Two or more races 8% Black 7% Hispanic / Latino 7% Asian 2%
• Hispanic origin (detail): Mexican 2% Puerto Rican 1%
• Common ancestry: Lithuanian 5% Romanian 4% Iranian 2%
• Foreign-born: 11% · Canada
• Languages at home: 88% English-only · Spanish 5% Russian/Polish/Slavic 2% Other Indo-European 1%

Political lean MEDSL · Charlotte

• 2024 margin: Solid R (+34.0) · D 32.7% · R 66.7%
• 2008→2024 swing: -26.7pp toward R · 2008: -7.2pp · 2024: -34.0pp
• All cycles: 2024: R+34.0 2020: R+26.6 2016: R+27.8 2012: R+14.3 2008: R+7.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -55.31%
• Current HPI: 315.0548
• Rent YoY: ▼ -1.63%
• Metro: Punta Gorda, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+127.3% since first listed

19 events — show timeline

• 2026-05-11 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-04-28 Relisted — Stellar MLS as Distributed by MLS Grid
• 2026-04-26 Pending — Stellar MLS as Distributed by MLS Grid
• 2026-04-14 Listed $175,000 Stellar MLS as Distributed by MLS Grid
• 2025-12-31 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2025-03-11 Listed $255,000 Stellar MLS as Distributed by MLS Grid
• 2024-12-30 Listing Removed — Stellar MLS as Distributed by MLS Grid
• 2024-11-06 Price Changed $259,900 Stellar MLS as Distributed by MLS Grid
• 2024-09-09 Price Changed $275,000 Stellar MLS as Distributed by MLS Grid
• 2024-08-04 Price Changed $279,900 Stellar MLS as Distributed by MLS Grid
• 2024-06-18 Listed $289,900 Stellar MLS as Distributed by MLS Grid
• 2020-12-07 Sold (Public Records) $235,000 Public Records
• 2020-12-04 Sold (MLS) $235,000 Stellar MLS as Distributed by MLS Grid
• 2020-10-19 Pending — Stellar MLS as Distributed by MLS Grid
• 2020-10-16 Listed $259,000 Stellar MLS as Distributed by MLS Grid
• 2020-08-28 Sold (MLS) $121,000 Stellar MLS as Distributed by MLS Grid
• 2020-08-07 Pending — Stellar MLS as Distributed by MLS Grid
• 2020-07-02 Listed $135,000 Stellar MLS as Distributed by MLS Grid
• 1997-10-03 Sold (Public Records) $77,000 Public Records

Property tax history

+12.7%/yr

Latest (2025): $4,169 · +446.7% YoY. Source: county tax records.