7924 Hardwick Dr APT 623New 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 7924 Hardwick Dr APT 623, New Port Richey, FL, 34653 earns $126/mo cash flow from $956/mo rent with a $612/mo payment. Total monthly income totals $956/mo, and annual cash flow totals $1,515/yr on $41,438 capital. ROI tracks 23.57% on current figures, and rental yield reads 9.18% at a $125,000 purchase. Equity gained on principal adds $807/yr, and 5% annual appreciation supports $34,535 over five years. Five-year ROI reaches 123.12% and total cumulative return in cash sums $51,017. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $956/mo property income instead of your personal income.
Condo
Built in 1989
3,535 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: Deborah Ruff • 54 REALTY LLC
Mls Name: Stellar MLS
Mls ID: #TB8465682