3505 Seaway DrNew Port RicheyFL34652
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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
Rental property for sale in New Port Richey at 3505 Seaway Dr, New Port Richey, FL, 34652 generates $4,137/mo in rent, after a $4,772/mo payment. Total monthly income is $4,137/mo. Return on cash invested sits at 11.33% in year one, and rental yield is 5.09% on a $975,000 entry. Equity gained on principal adds $6,292/yr, while 5% annual appreciation builds toward $269,375 over five years. Five-year ROI reaches 57.4% and total cumulative return in cash sums $184,131. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,137/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
8,050 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34652, New Port Richey, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,191 (100%) |
| Owner Occupied HU | 7,858 (55.4%) |
| Renter Occupied HU | 4,324 (30.5%) |
| Vacant Housing Units | 2,009 (14.2%) |
| Median Home Value | $233,847 |
| Average Home Value | $336,798 |
Housing Distribution
Address Breakdown
Residential
13,768
Single Family
11,985
Multi-Family
1,783
Businesses
1,153
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Listed by: Tanner Tillung • EXP REALTY LLC
Mls Name: Stellar MLS
Mls ID: #TB8375510