6318 Sutherland AveNew Port RicheyFL34653
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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 Port Richey at 6318 Sutherland Ave, New Port Richey, FL, 34653 offers a 9.23% rental yield on a $189,900 purchase with $1,461/mo rent. Total monthly income registers $1,461/mo, and a $929/mo payment leaves $201/mo available for distribution. Annual cash flow reaches $2,415/yr on $62,952 to close, and return on cash invested stands at 23.75% in year one. Equity gained on principal adds $1,225/yr while 5% annual appreciation supports $52,466 over five years. Portfolio math shows five-year ROI at 124.06% and total cumulative return in cash at $78,101. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,461/mo property income against a $929/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
5,355 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: Greg Armstrong • F I GREY & SON RESIDENTIAL
Mls Name: Stellar MLS
Mls ID: #W7879845