7120 Cognac Dr APT 1New 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 7120 Cognac Dr APT 1, New Port Richey, FL, 34653 listed at $140,000 pairs $1,066/mo rent with a $685/mo payment to leave $137/mo cash flow. Total monthly income runs $1,066/mo, and annual cash flow reaches $1,646/yr on $46,410 cash to close. Return on cash invested measures 23.46% in year one, and rental yield registers 9.14% at a $140,000 basis. Equity gained on principal adds $903/yr, and annual property appreciation at 5% supports $38,679 by year five. Five-year ROI tracks 122.53% and total cumulative return in cash totals $56,866. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,066/mo property income relative to a $685/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1981
N/A 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: Michael Gallo, PA • RE/MAX SUNSET REALTY
Mls Name: Stellar MLS
Mls ID: #W7881920