7627 Medinah DrNew Port RicheyFL34654
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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 New Port Richey at 7627 Medinah Dr, New Port Richey, FL, 34654 priced at $218,500 pairs $2,070/mo rent with $363/mo cash flow after a $1,069/mo payment. Total monthly income equals $2,070/mo, and annual cash flow comes to $4,351/yr on $72,433 invested. Return on cash invested is 25.92% in year one, and rental yield stands at 11.37% on a $218,500 basis. Equity gained on principal adds $1,410/yr, and 5% annual appreciation accumulates to $60,368 by year five. Five-year ROI measures 137.19% and total cumulative return in cash reaches $99,368. For financing, Ziffy Mortgage’s DSCR program evaluates $2,070/mo property income against a $1,069/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1998
3,505 sqft lot
$N/A/sqft
$240 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34654, New Port Richey, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,059 (100%) |
| Owner Occupied HU | 8,246 (74.6%) |
| Renter Occupied HU | 1,815 (16.4%) |
| Vacant Housing Units | 998 ( 9.0%) |
| Median Home Value | $356,869 |
| Average Home Value | $378,820 |
Housing Distribution
Address Breakdown
Residential
10,564
Single Family
10,182
Multi-Family
382
Businesses
368
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Listed by: Cory Byrd • COLDWELL BANKER FIGREY&SONRES
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #W7868643
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