4457 Mitcher RdNew 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
Investment property for sale in New Port Richey at 4457 Mitcher Rd, New Port Richey, FL, 34652 offers a 8.81% rental yield on a $269,800 purchase with $1,980/mo rent. Total monthly income registers $1,980/mo, and a $1,321/mo payment leaves $189/mo available for distribution. Annual cash flow reaches $2,269/yr on $89,439 to close, and return on cash invested stands at 22.45% in year one. Equity gained on principal adds $1,741/yr while 5% annual appreciation supports $74,541 over five years. Portfolio math shows five-year ROI at 117.07% and total cumulative return in cash at $104,710. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,980/mo property income against a $1,321/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
8,408 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: Mary Graziadei • FLORIDA LUXURY REALTY INC
Mls Name: Stellar MLS
Mls ID: #W7881855