8050 Cedar Creek DrNew port richeyFL34653
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 8050 Cedar Creek Dr, New port richey, FL, 34653 with 5% annual appreciation on a $115,000 basis while $886/mo rent supports operations. Total monthly income totals $886/mo and a $563/mo payment preserves $123/mo for cash returns. Annual cash flow comes to $1,473/yr on $38,123 deployed, and return on cash invested reaches 23.77% in year one. Equity gained on principal adds $742/yr, and five-year appreciation sums $31,772 alongside rental yield of 9.25%. Five-year ROI measures 124.17% and total cumulative return in cash totals $47,337.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $886/mo property income versus a $563/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1994
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Frank Parnell • Central Florida Mobile Home Sales, Inc
Mls Name: My State MLS
Mls ID: #11361535