8117 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 8117 Mill Springs Dr, New port richey, FL, 34653 listed at $120,000 pairs $902/mo rent with a $587/mo payment to leave $106/mo cash flow. Total monthly income runs $902/mo, and annual cash flow reaches $1,272/yr on $39,780 cash to close. Return on cash invested measures 23.11% in year one, and rental yield registers 9.02% at a $120,000 basis. Equity gained on principal adds $774/yr, and annual property appreciation at 5% supports $33,154 by year five. Five-year ROI tracks 120.56% and total cumulative return in cash totals $47,959. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $902/mo property income relative to a $587/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2000
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: Frank Parnell • Central Florida Mobile Home Sales, Inc
Mls Name: My State MLS
Mls ID: #11290357