3624 Hendrix StNew 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 3624 Hendrix St, New Port Richey, FL, 34652 priced at $265,000 converts $1,961/mo rent into $202/mo cash flow after a $1,297/mo obligation. Total monthly income equals $1,961/mo, and annual cash flow totals $2,430/yr on $87,848 invested. Return on cash invested prints 22.67% in year one, and rental yield reads 8.88% against a $265,000 entry. Equity gained on principal adds $1,710/yr, while 5% annual appreciation compiles into $73,215 by year five. Five-year ROI reaches 118.29% and total cumulative return in cash sums $103,911. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,961/mo property income covering a $1,297/mo payment, not borrower’s personal income.
Single Family
Built in 1966
5,040 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: Nataliya Fillers • FUTURE HOME REALTY INC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8374042
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511