11241 Versailles Ln #0Pt RicheyFL34668
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 9.12% yield at 11241 Versailles Ln #0, Pt Richey, FL, 34668 in Pt Richey is solid, but the $750/mo payment compresses net cash flow to $160/mo at $166,900. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $46,111 by year five, and $1,537/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.69) without U.S. income documentation. Total projected return: $73,994.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 7.0% |
| Monthly Cash Flow | $160 | $300 |
City averages based on Pt Richey market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,268 |
| Total Monthly Debt Service | $1,041 |
| DSCR Ratio | 1.22x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1983
5.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34668, Port Richey, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,900 (100%) |
| Owner Occupied HU | 13,133 (54.9%) |
| Renter Occupied HU | 7,814 (32.7%) |
| Vacant Housing Units | 2,953 (12.4%) |
| Median Home Value | $179,517 |
| Average Home Value | $264,031 |
Housing Distribution
Address Breakdown
Residential
21,967
Single Family
20,116
Multi-Family
1,851
Businesses
1,063
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
Condo
Built in 1983
5.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34668, Port Richey, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,900 (100%) |
| Owner Occupied HU | 13,133 (54.9%) |
| Renter Occupied HU | 7,814 (32.7%) |
| Vacant Housing Units | 2,953 (12.4%) |
| Median Home Value | $179,517 |
| Average Home Value | $264,031 |
Housing Distribution
Address Breakdown
Residential
21,967
Single Family
20,116
Multi-Family
1,851
Businesses
1,063
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices