11841 Boynton Ln #59ANew 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 11841 Boynton Ln #59A, New Pt Richey, FL, 34654 offers a 9.44% rental yield on a $130,000 purchase with $1,023/mo rent. Total monthly income registers $1,023/mo, and a $636/mo payment leaves $161/mo available for distribution. Annual cash flow reaches $1,927/yr on $43,095 to close, and return on cash invested stands at 24.38% in year one. Equity gained on principal adds $839/yr while 5% annual appreciation supports $35,917 over five years. Portfolio math shows five-year ROI at 127.45% and total cumulative return in cash at $54,927. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,023/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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: Pam Davison • BHHS FLORIDA PROPERTIES GROUP
Mls Name: Stellar MLS
Mls ID: #W7880616