11401 Causeway BlvdNew Pt 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
Rental property for sale in New Pt Richey at 11401 Causeway Blvd, New Pt Richey, FL, 34654 generates $1,020/mo in rent and, after a $563/mo payment, leaves $257/mo in cash flow. Total monthly income is $1,020/mo, and annual cash flow is $3,081/yr on $38,121 invested. Return on cash invested sits at 27.99% in year one, and rental yield is 10.64% on a $114,995 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation builds toward $31,771 over five years. Five-year ROI reaches 146.81% and total cumulative return in cash sums $55,964. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,020/mo property income rather than buyer’s personal income.
Manufactured
Built in 2023
N/A 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: William Lord • Imperial Oaks
Mls Name: My State MLS
Mls ID: #11357505