8425 Redfield DrPort RicheyFL34668
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 8425 Redfield Dr, Port Richey, FL, 34668 in Port Richey worth modelling. At $215,000 with a 8.53% gross yield, the $1,600/mo rent leaves $107/mo after the $967/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.65 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $59,401 by year five; $1,980/yr in principal reduction adds further equity. Total projected return: $93,100.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 6.5% |
| Monthly Cash Flow | $107 | $300 |
City averages based on Port Richey market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,600 |
| Total Monthly Debt Service | $1,341 |
| DSCR Ratio | 1.19x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1986
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34668, Port Richey, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,900 (100%) |
| Owner Occupied HU | 13,133 (54.9%) |
| Renter Occupied HU | 7,814 (32.7%) |
| Vacant Housing Units | 2,953 (12.4%) |
| Median Home Value | $179,517 |
| Average Home Value | $264,031 |
Housing Distribution
Address Breakdown
Residential
21,967
Single Family
20,116
Multi-Family
1,851
Businesses
1,063
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
Single Family
Built in 1986
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34668, Port Richey, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,900 (100%) |
| Owner Occupied HU | 13,133 (54.9%) |
| Renter Occupied HU | 7,814 (32.7%) |
| Vacant Housing Units | 2,953 (12.4%) |
| Median Home Value | $179,517 |
| Average Home Value | $264,031 |
Housing Distribution
Address Breakdown
Residential
21,967
Single Family
20,116
Multi-Family
1,851
Businesses
1,063
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jordan Myers • ASCEND REALTY
Mls Name: Stellar MLS
Mls ID: #TB8452253