3117 Ludlow DrNew Port RicheyFL34655
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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 Port Richey at 3117 Ludlow Dr, New Port Richey, FL, 34655 earns $538/mo cash flow from $2,264/mo rent with a $1,273/mo payment. Total monthly income totals $2,264/mo, and annual cash flow totals $6,458/yr on $86,190 capital. ROI tracks 27.4% on current figures, and rental yield reads 10.45% at a $260,000 purchase. Equity gained on principal adds $1,678/yr, and 5% annual appreciation supports $71,833 over five years. Five-year ROI reaches 143.65% and total cumulative return in cash sums $123,809. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,264/mo property income instead of your personal income.
Single Family
Built in 1978
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34655, New Port Richey, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,209 (100%) |
| Owner Occupied HU | 15,847 (74.7%) |
| Renter Occupied HU | 4,151 (19.6%) |
| Vacant Housing Units | 1,211 ( 5.7%) |
| Median Home Value | $422,847 |
| Average Home Value | $471,502 |
Housing Distribution
Address Breakdown
Residential
21,148
Single Family
17,866
Multi-Family
3,282
Businesses
720
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Listed by: Marjorie Gutierrez • RAM REAL ESTATE INC
Mls Name: Stellar MLS
Mls ID: #TB8451265