6644 Florida 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 6644 Florida Ave, New Port Richey, FL, 34653 listed at $370,000 pairs $2,696/mo rent with a $1,811/mo payment to leave $241/mo cash flow. Total monthly income runs $2,696/mo, and annual cash flow reaches $2,887/yr on $122,655 cash to close. Return on cash invested measures 22.26% in year one, and rental yield registers 8.74% at a $370,000 basis. Equity gained on principal adds $2,388/yr, and annual property appreciation at 5% supports $102,224 by year five. Five-year ROI tracks 116.06% and total cumulative return in cash totals $142,349. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,696/mo property income relative to a $1,811/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
10,125 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: Joyce Ratliff • RE/MAX ALLIANCE GROUP
Mls Name: Stellar MLS
Mls ID: #W7877404