4220 Sheldon Pl #4220New Pt 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 Pt Richey at 4220 Sheldon Pl #4220, New Pt Richey, FL, 34652 generates $2,140/mo in rent and, after a $543/mo payment, leaves $784/mo in cash flow. Total monthly income is $2,140/mo, and annual cash flow is $9,404/yr on $36,797 invested. Return on cash invested sits at 45.47% in year one, and rental yield is 23.14% on a $111,000 entry. Equity gained on principal adds $716/yr, while 5% annual appreciation builds toward $30,667 over five years. Five-year ROI reaches 247.85% and total cumulative return in cash sums $91,202. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,140/mo property income rather than buyer’s personal income.
Condo
Built in 1970
921 sqft lot
$N/A/sqft
$620 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: Tara Cook • ORANGE GROVE PROPERTY SOLUTION
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8320777
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