11923 Boynton Ln #BNew 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 11923 Boynton Ln #B, New Pt Richey, FL, 34654 offers a 9.59% rental yield on a $123,500 purchase with $987/mo rent. Total monthly income registers $987/mo, and a $604/mo payment leaves $168/mo available for distribution. Annual cash flow reaches $2,015/yr on $40,940 to close, and return on cash invested stands at 24.83% in year one. Equity gained on principal adds $797/yr while 5% annual appreciation supports $34,121 over five years. Portfolio math shows five-year ROI at 129.82% and total cumulative return in cash at $53,150. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $987/mo property income against a $604/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: Tyler Labod • REAL BROKER, LLC
Mls Name: Stellar MLS
Mls ID: #O6367792