11238 Biddeford PlNew Port RicheyFL34654
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 New Port Richey at 11238 Biddeford Pl, New Port Richey, FL, 34654 earns $314/mo cash flow from $3,366/mo rent with a $2,251/mo payment. Total monthly income totals $3,366/mo, and annual cash flow totals $3,766/yr on $152,490 capital. ROI tracks 22.38% on current figures, and rental yield reads 8.78% at a $460,000 purchase. Equity gained on principal adds $2,968/yr, and 5% annual appreciation supports $127,090 over five years. Five-year ROI reaches 116.67% and total cumulative return in cash sums $177,913. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,366/mo property income instead of your personal income.
Single Family
Built in 2006
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34654, New Port Richey, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,059 (100%) |
| Owner Occupied HU | 8,246 (74.6%) |
| Renter Occupied HU | 1,815 (16.4%) |
| Vacant Housing Units | 998 ( 9.0%) |
| Median Home Value | $356,869 |
| Average Home Value | $378,820 |
Housing Distribution
Address Breakdown
Residential
10,564
Single Family
10,182
Multi-Family
382
Businesses
368
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Janina Wozniak • FUTURE HOME REALTY
Mls Name: Stellar MLS
Mls ID: #W7881588