6220 Glenwood DrNew 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
Investment property for sale in New Port Richey at 6220 Glenwood Dr, New Port Richey, FL, 34653 uses $114,368 cash to close to unlock $5,077/yr annual cash flow and $423/mo monthly cash flow. Total monthly income runs $2,713/mo, and a $1,689/mo payment keeps the spread at $423/mo. Purchase price stands at $345,000, and rental yield measures 9.44% with $2,713/mo rent. Return on cash invested shows 24.35% in year one, and 5% annual appreciation builds toward $95,317 over five years. Five-year ROI reaches 127.27% and total cumulative return in cash records $145,552. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,713/mo property income covering a $1,689/mo payment rather than investor’s personal income.
Single Family
Built in 1973
5,967 sqft 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: Brande Greenlee • GREENLEE REALTY GROUP
Mls Name: Stellar MLS
Mls ID: #W7879425