4902 Leyte CtNew Port RicheyFL34655
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 4902 Leyte Ct, New Port Richey, FL, 34655 in New Port Richey achieves a 1.90 ratio at $239,900: $2,045/mo rent versus $1,079/mo debt service. Rental yield 10.23%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 10.23% yield compounds alongside 5% annual appreciation projecting $66,280 in value. Total projected cumulative return: $85,821.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 6.0% |
| Monthly Cash Flow | $(127) | $1,500 |
City averages based on New Port Richey market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,045 |
| Total Monthly Debt Service | $2,076 |
| DSCR Ratio | 0.99x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1984
0.49 Acres lot
$N/A/sqft
$550 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34655, New Port Richey, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,209 (100%) |
| Owner Occupied HU | 15,847 (74.7%) |
| Renter Occupied HU | 4,151 (19.6%) |
| Vacant Housing Units | 1,211 ( 5.7%) |
| Median Home Value | $422,847 |
| Average Home Value | $471,502 |
Housing Distribution
Address Breakdown
Residential
21,148
Single Family
17,866
Multi-Family
3,282
Businesses
720
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1984
0.49 Acres lot
$N/A/sqft
$550 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34655, New Port Richey, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,209 (100%) |
| Owner Occupied HU | 15,847 (74.7%) |
| Renter Occupied HU | 4,151 (19.6%) |
| Vacant Housing Units | 1,211 ( 5.7%) |
| Median Home Value | $422,847 |
| Average Home Value | $471,502 |
Housing Distribution
Address Breakdown
Residential
21,148
Single Family
17,866
Multi-Family
3,282
Businesses
720
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices