7102 Cherry Laurel DrPort 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
Investment property for sale in Port Richey at 7102 Cherry Laurel Dr, Port Richey, FL, 34668 uses $101,108 cash to close to unlock $1,581/yr annual cash flow and $132/mo monthly cash flow. Total monthly income runs $2,156/mo, and a $1,493/mo payment keeps the spread at $132/mo. Purchase price stands at $305,000, and rental yield measures 8.48% with $2,156/mo rent. Return on cash invested shows 21.47% in year one, and 5% annual appreciation builds toward $84,266 over five years. Five-year ROI reaches 111.81% and total cumulative return in cash records $113,050. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,156/mo property income covering a $1,493/mo payment rather than investor’s personal income.
Single Family
Built in 1978
6,006 sqft lot
$N/A/sqft
No 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: Julie Sartain • CHARLES RUTENBERG REALTY INC
Mls Name: Stellar MLS
Mls ID: #TB8413551