11539 Meredith LnPort RicheyFL34668
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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 Port Richey at 11539 Meredith Ln, Port Richey, FL, 34668 offers a 9.54% rental yield on a $195,000 purchase with $1,550/mo rent. Total monthly income registers $1,550/mo, and a $954/mo payment leaves $256/mo available for distribution. Annual cash flow reaches $3,076/yr on $64,643 to close, and return on cash invested stands at 24.67% in year one. Equity gained on principal adds $1,258/yr while 5% annual appreciation supports $53,875 over five years. Portfolio math shows five-year ROI at 129% and total cumulative return in cash at $83,386. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,550/mo property income against a $954/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
7,879 sqft 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
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Listed by: Vicki Sommer • ANN LEE REALTY INC
Mls Name: Stellar MLS
Mls ID: #TB8461396