8045 Mill Springs DrNew 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 8045 Mill Springs Dr, New port richey, FL, 34653 with 5% annual appreciation on a $109,900 basis while $882/mo rent supports operations. Total monthly income totals $882/mo and a $538/mo payment preserves $153/mo for cash returns. Annual cash flow comes to $1,831/yr on $36,432 deployed, and return on cash invested reaches 24.94% in year one. Equity gained on principal adds $709/yr, and five-year appreciation sums $30,363 alongside rental yield of 9.63%. Five-year ROI measures 130.45% and total cumulative return in cash totals $47,524.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $882/mo property income versus a $538/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1997
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: Harry Nelson • All Florida Mobile Homes
Mls Name: My State MLS
Mls ID: #11563053