4925 Myrtle Oak Dr UNIT 15New 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
Rental property for sale in New Port Richey at 4925 Myrtle Oak Dr UNIT 15, New Port Richey, FL, 34653 generates $881/mo in rent and, after a $538/mo payment, leaves $151/mo in cash flow. Total monthly income is $881/mo, and annual cash flow is $1,817/yr on $36,465 invested. Return on cash invested sits at 24.89% in year one, and rental yield is 9.61% on a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 130.25% and total cumulative return in cash sums $47,496. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $881/mo property income rather than buyer’s personal income.
Condo
Built in 1985
0.27 Acres 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: Michele Rehm • STAR ONE REALTY GROUP ELITE
Mls Name: Stellar MLS
Mls ID: #W7877488