3302 Teeside Dr #2New Pt 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 Pt Richey at 3302 Teeside Dr #2, New Pt Richey, FL, 34655 listed at $179,500 pairs $1,577/mo rent with a $879/mo payment. Total monthly income runs $1,577/mo. Return on cash invested measures 18.06% in year one, and rental yield registers 10.54% at a $179,500 basis. Equity gained on principal adds $1,158/yr, and annual property appreciation at 5% supports $49,593 by year five. Five-year ROI tracks 97.05% and total cumulative return in cash totals $57,748. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,577/mo property income relative to a $879/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1980
506.14 Acres lot
$N/A/sqft
$477 monthly 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: Christopher Negvesky • KELLER WILLIAMS REALTY- PALM H
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8333026
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