3142 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 3142 Ludlow Dr, New Port Richey, FL, 34655 uses $64,643 cash to close to unlock $3,892/yr annual cash flow and $324/mo monthly cash flow. Total monthly income runs $1,618/mo, and a $954/mo payment keeps the spread at $324/mo. Purchase price stands at $195,000, and rental yield measures 9.96% with $1,618/mo rent. Return on cash invested shows 25.93% in year one, and 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 135.77% and total cumulative return in cash records $87,766. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,618/mo property income covering a $954/mo payment rather than investor’s 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: Anne Paquet-Kreeb • GIONTA REALTY GROUP LLC
Mls Name: Stellar MLS
Mls ID: #TB8458736