4826 Myrtle Oak Dr UNIT 23New Port RicheyFL34653
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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 4826 Myrtle Oak Dr UNIT 23, New Port Richey, FL, 34653 earns $121/mo cash flow from $1,050/mo rent with a $685/mo payment. Total monthly income totals $1,050/mo, and annual cash flow totals $1,454/yr on $46,410 capital. ROI tracks 23.04% on current figures, and rental yield reads 9% at a $140,000 purchase. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,679 over five years. Five-year ROI reaches 120.33% and total cumulative return in cash sums $55,846. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,050/mo property income instead of your personal income.
Condo
Built in 1985
1,055 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34653, New Port Richey, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,934 (100%) |
| Owner Occupied HU | 9,809 (57.9%) |
| Renter Occupied HU | 5,413 (32.0%) |
| Vacant Housing Units | 1,712 (10.1%) |
| Median Home Value | $216,568 |
| Average Home Value | $252,989 |
Housing Distribution
Address Breakdown
Residential
16,049
Single Family
13,940
Multi-Family
2,109
Businesses
627
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Listed by: Ron Maldonado • RE/MAX MARKETING SPECIALISTS
Mls Name: Stellar MLS
Mls ID: #W7882051