11351 Edison AveNew Port RicheyFL34654
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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 11351 Edison Ave, New Port Richey, FL, 34654 offers a 9.26% rental yield on a $148,999 purchase with $1,150/mo rent. Total monthly income registers $1,150/mo, and a $729/mo payment leaves $161/mo available for distribution. Annual cash flow reaches $1,938/yr on $49,393 to close, and return on cash invested stands at 23.83% in year one. Equity gained on principal adds $961/yr while 5% annual appreciation supports $41,166 over five years. Portfolio math shows five-year ROI at 124.52% and total cumulative return in cash at $61,504. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,150/mo property income against a $729/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2018
6,000 sqft 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
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Listed by: Irena Castro • PEOPLE'S CHOICE REALTY SVC LLC
Mls Name: Stellar MLS
Mls ID: #TB8382883