5041 Royal Palms Way APT 203New Port RicheyFL34652
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
Investment Highlights
Rental property for sale in New Port Richey at 5041 Royal Palms Way APT 203, New Port Richey, FL, 34652 generates $2,404/mo in rent and, after a $1,211/mo payment, leaves $474/mo in cash flow. Total monthly income is $2,404/mo, and annual cash flow is $5,692/yr on $82,013 invested. Return on cash invested sits at 26.85% in year one, and rental yield is 11.66% on a $247,400 entry. Equity gained on principal adds $1,596/yr, while 5% annual appreciation builds toward $68,352 over five years. Five-year ROI reaches 142.2% and total cumulative return in cash sums $116,626. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,404/mo property income rather than buyer’s personal income.
Apartment
Built in N/A
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A