6394 Banyan Blvd APT 204New 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 6394 Banyan Blvd APT 204, New Port Richey, FL, 34652 uses $74,588 cash to close to unlock $553/yr annual cash flow and $46/mo monthly cash flow. Total monthly income runs $1,539/mo, and a $1,101/mo payment keeps the spread at $46/mo. Purchase price stands at $225,000, and rental yield measures 8.21% with $1,539/mo rent. Return on cash invested shows 20.65% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 107.47% and total cumulative return in cash records $80,157. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,539/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Condo
Built in 2013
0.74 Acres 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: Mark Stys • AUDUBON REALTY INC
Mls Name: Stellar MLS
Mls ID: #W7878800