5124 Southshore DrNew Pt 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
Investment property for sale in New Pt Richey at 5124 Southshore Dr, New Pt Richey, FL, 34652 listed at $1,450,000 pairs $2,940/mo rent with a $7,097/mo payment. Total monthly income runs $2,940/mo. Return on cash invested measures 3.3% in year one, and rental yield registers 2.43% at a $1,450,000 basis. Equity gained on principal adds $9,357/yr, and annual property appreciation at 5% supports $400,608 by year five. Five-year ROI tracks 14.29% and total cumulative return in cash totals $67,113. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,940/mo property income relative to a $7,097/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1982
8,625 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Judi Pobst • KELLER WILLIAMS REALTY- PALM H
Mls Name: Stellar MLS
Mls ID: #W7880289