6431 Drexel Dr APT 2Port RicheyFL34668
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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
Rental property for sale in Port Richey at 6431 Drexel Dr APT 2, Port Richey, FL, 34668 generates $866/mo in rent, after a $560/mo payment. Total monthly income is $866/mo. Return on cash invested sits at 9.8% in year one, and rental yield is 9.08% on a $114,500 entry. Equity gained on principal adds $739/yr, while 5% annual appreciation builds toward $31,634 over five years. Five-year ROI reaches 54.21% and total cumulative return in cash sums $20,576. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $866/mo property income rather than buyer’s personal income.
Condo
Built in 1984
10.52 Acres lot
$N/A/sqft
$418 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34668, Port Richey, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,900 (100%) |
| Owner Occupied HU | 13,133 (54.9%) |
| Renter Occupied HU | 7,814 (32.7%) |
| Vacant Housing Units | 2,953 (12.4%) |
| Median Home Value | $179,517 |
| Average Home Value | $264,031 |
Housing Distribution
Address Breakdown
Residential
21,967
Single Family
20,116
Multi-Family
1,851
Businesses
1,063
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Listed by: Brittany Olivier • EXP REALTY LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #W7858536
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511