4224 Rax Pl #3New 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
Investment property for sale in New Pt Richey at 4224 Rax Pl #3, New Pt Richey, FL, 34652 offers a 9.11% rental yield on a $137,900 purchase with $1,047/mo rent. 52% in year one. Equity gained on principal adds $890/yr while 5% annual appreciation supports $38,099 over five years. Portfolio math shows five-year ROI at 22.78% and total cumulative return in cash at $10,415. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,047/mo property income against a $675/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1971
N/A lot
$N/A/sqft
$756 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: Deborah Roy, PA • CENTURY 21 PALM REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #W7879027
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