11701 Boynton Ln #77ANew Pt 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 Pt Richey at 11701 Boynton Ln #77A, New Pt Richey, FL, 34654 uses $43,095 cash to close to unlock $1,951/yr annual cash flow and $163/mo monthly cash flow. Total monthly income runs $1,025/mo, and a $636/mo payment keeps the spread at $163/mo. Purchase price stands at $130,000, and rental yield measures 9.46% with $1,025/mo rent. Return on cash invested shows 24.44% in year one, and 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 127.73% and total cumulative return in cash records $55,047. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,025/mo property income covering a $636/mo payment rather than investor’s personal income.
Condo
Built in 1975
700 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Pam Davison • BHHS FLORIDA PROPERTIES GROUP
Mls Name: Stellar MLS
Mls ID: #W7877662