3717 Trophy BlvdNew 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
Rental property for sale in New Port Richey at 3717 Trophy Blvd, New Port Richey, FL, 34655 offers $1,275/mo rent that, after a $783/mo payment, leaves $214/mo cash flow. Total monthly income is $1,275/mo, and annual cash flow is $2,562/yr on $53,007 cash. Return on cash invested measures 24.74% in year one, and rental yield stands at 9.57% at a $159,900 entry. Equity gained on principal adds $1,032/yr while 5% annual appreciation compounds into $44,177 by year five. Five-year ROI records 129.41% and total cumulative return in cash reaches $68,598. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,275/mo property income versus a $783/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1974
904 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: Chris Stivers • ENGEL & VOLKERS BELLEAIR
Mls Name: Stellar MLS
Mls ID: #TB8450282