6318 Massachusetts AveNew 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 6318 Massachusetts Ave, New Port Richey, FL, 34653 uses $61,294 cash to close to unlock $6,684/yr annual cash flow and $557/mo monthly cash flow. Total monthly income runs $1,784/mo, and a $905/mo payment keeps the spread at $557/mo. Purchase price stands at $184,900, and rental yield measures 11.58% with $1,784/mo rent. Return on cash invested shows 30.81% in year one, and 5% annual appreciation builds toward $51,084 over five years. Five-year ROI reaches 161.88% and total cumulative return in cash records $99,223. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,784/mo property income covering a $905/mo payment rather than investor’s personal income.
Single Family
Built in 1958
8,250 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: Brian Pfister • RE/MAX SUNSET REALTY
Mls Name: Stellar MLS
Mls ID: #W7882523