11805 Bayonet Ln #11805New Pt RicheyFL34654
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 11805 Bayonet Ln #11805, New Pt Richey, FL, 34654 in New Pt Richey achieves a 1.73 ratio at $130,000: $1,014/mo rent versus $585/mo debt service. Rental yield 9.36%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 9.36% yield compounds alongside 5% annual appreciation projecting $35,917 in value. Total projected cumulative return: $59,273.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 7.0% |
| Monthly Cash Flow | $(347) | $200 |
City averages based on New Pt Richey market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,014 |
| Total Monthly Debt Service | $811 |
| DSCR Ratio | 1.25x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1975
965 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
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
Condo
Built in 1975
965 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: N/A • N/A
Mls Name: Stellar MLS
Mls ID: #TB8488813