11730 Carissa Ln #0New 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
Investment property for sale in New Pt Richey at 11730 Carissa Ln #0, New Pt Richey, FL, 34654 uses $44,753 cash to close to unlock $1,486/yr annual cash flow and $124/mo monthly cash flow. Total monthly income runs $1,020/mo, and a $661/mo payment keeps the spread at $124/mo. Purchase price stands at $135,000, and rental yield measures 9.07% with $1,020/mo rent. Return on cash invested shows 23.23% in year one, and 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 121.25% and total cumulative return in cash records $54,265. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,020/mo property income covering a $661/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
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Listed by: Maria Neger PA • MIHARA & ASSOCIATES INC.
Mls Name: Stellar MLS
Mls ID: #TB8430364