Port Charlotte, FL — Rental Investment Analysis
🟡MODERATE— average returnsData: HUD FMR FY2024 + Zillow ZHVI April 2026 + Freddie Mac rates. Last updated June 2026.
Investment Summary
As of 2026, rental properties in Port Charlotte, FL yield a 5.8% cap rate. Median home price is $297,688 with 3-bedroom rents at $2,330/month.
Port Charlotte is a moderate market — workable but not exceptional for cash flow. Median home price sits at $297,688 — moderate by national standards, requiring a solid down payment but not out of reach. With 3-bedroom rents around $2,330/month, the 5.8% cap rate tells the story. At current prices and rates, expect to lose about $123/month — negative cash flow unless you put more down or find below-market deals.
The 1% rule comes in at 0.77% — doesn't quite pass, but close enough to find individual deals that work. DSCR of 0.91 is below 1.0, meaning rental income doesn't cover the mortgage. DSCR lenders will likely decline this market at current prices.
Bottom line: Port Charlotte offers a balance of moderate cash flow and growth potential. Good for investors who want some income while building equity over time.
Data sources: HUD Fair Market Rents (FY2024), Zillow Home Value Index (April 2026), Freddie Mac Primary Mortgage Market Survey.
Cap Rate
5.8%
Below average
Monthly Cash Flow
-$123
After all expenses
Price-to-Rent
10.9
Investor-friendly
DSCR
0.91
Fails
Key Metrics
- Median Home Price
- $297,688
- Average Rent (3BR)
- $2,330/mo
- Price-to-Rent Ratio
- 10.9(good)
- 1% Rule
- 0.77%(fails — need 1%+)
- Cash-on-Cash Return
- -2.4%
- Vacancy Rate
- 8.0%
Market Strength
- Unemployment Rate
- 4.8%(+0.5% vs national)
- Rent Growth (YoY)
- +2.9%(national avg)
- Population Growth
- +5.6% YoY
Property Tax Rate
0.86%
of assessed value (FL avg)
Median Income
$63,062
household (FL avg)
Rent-to-Income
44.3%
Stretched
Section 8 Max Rent
$2,330/mo
3BR voucher payment
FL Investor Climate
Landlord Friendly
8/10
State Income Tax
None
Property Tax
0.86% effective
Population Trend
+5.6% (3yr)