6141 Balboa Ave #159New Pt RicheyFL34653
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 6141 Balboa Ave #159, New Pt Richey, FL, 34653 earns $179/mo cash flow from $1,140/mo rent with a $709/mo payment. Total monthly income totals $1,140/mo, and annual cash flow totals $2,144/yr on $48,034 capital. ROI tracks 24.37% on current figures, and rental yield reads 9.44% at a $144,900 purchase. Equity gained on principal adds $935/yr, and 5% annual appreciation supports $40,033 over five years. Five-year ROI reaches 127.39% and total cumulative return in cash sums $61,189. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,140/mo property income instead of your personal income.
Manufactured
Built in 2022
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Susan Worden • Hacienda Village
Mls Name: My State MLS
Mls ID: #11262245