6710 Devonshire Ln #10ANew Pt 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 Pt Richey at 6710 Devonshire Ln #10A, New Pt Richey, FL, 34653 uses $57,847 cash to close to unlock $2,629/yr annual cash flow and $219/mo monthly cash flow. Total monthly income runs $1,728/mo, and a $854/mo payment keeps the spread at $219/mo. Purchase price stands at $174,500, and rental yield measures 11.88% with $1,728/mo rent. Return on cash invested shows 24.45% in year one, and 5% annual appreciation builds toward $48,211 over five years. Five-year ROI reaches 130.51% and total cumulative return in cash records $75,498. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,728/mo property income covering a $854/mo payment rather than investor’s personal income.
Condo
Built in 1984
2,349 sqft lot
$N/A/sqft
$351 monthly 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: Katrina Stough • TROPIC SHORES REALTY LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #W7873334
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