5557 Sea Forest Dr APT 118New Port RicheyFL34652
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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 5557 Sea Forest Dr APT 118, New Port Richey, FL, 34652 uses $87,848 cash to close to unlock $7,134/yr annual cash flow and $594/mo monthly cash flow. Total monthly income runs $2,353/mo, and a $1,297/mo payment keeps the spread at $594/mo. Purchase price stands at $265,000, and rental yield measures 10.66% with $2,353/mo rent. Return on cash invested shows 28.03% in year one, and 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 147% and total cumulative return in cash records $129,135. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,353/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Condo
Built in 1988
799 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
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Listed by: Lyn DeBoer • RE/MAX REALTEC GROUP INC
Mls Name: Stellar MLS
Mls ID: #TB8415288