3946 Lighthouse WayNew 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 3946 Lighthouse Way, New Port Richey, FL, 34652 priced at $129,900 converts $986/mo rent into after a $636/mo obligation. Total monthly income equals $986/mo. Return on cash invested prints 7.98% in year one, and rental yield reads 9.11% against a $129,900 entry. Equity gained on principal adds $838/yr, while 5% annual appreciation compiles into $35,889 by year five. Five-year ROI reaches 45.02% and total cumulative return in cash sums $19,387. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $986/mo property income covering a $636/mo payment, not borrower’s personal income.
Condo
Built in 1975
4,787 sqft lot
$N/A/sqft
$552 monthly 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: Brianna Morales • LPT REALTY, LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #U8245968
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