8703 Corinthian WayNew Port RicheyFL34654
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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
Rental property for sale in New Port Richey at 8703 Corinthian Way, New Port Richey, FL, 34654 generates $2,741/mo in rent and, after a $1,904/mo payment, leaves $159/mo in cash flow. Total monthly income is $2,741/mo, and annual cash flow is $1,914/yr on $128,954 invested. Return on cash invested sits at 21.39% in year one, and rental yield is 8.46% on a $389,000 entry. Equity gained on principal adds $2,510/yr, while 5% annual appreciation builds toward $107,474 over five years. Five-year ROI reaches 111.39% and total cumulative return in cash sums $143,646. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,741/mo property income rather than buyer’s personal income.
Townhouse
Built in 2015
3,719 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34654, New Port Richey, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,059 (100%) |
| Owner Occupied HU | 8,246 (74.6%) |
| Renter Occupied HU | 1,815 (16.4%) |
| Vacant Housing Units | 998 ( 9.0%) |
| Median Home Value | $356,869 |
| Average Home Value | $378,820 |
Housing Distribution
Address Breakdown
Residential
10,564
Single Family
10,182
Multi-Family
382
Businesses
368
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Listed by: DJ Arrazcaeta Jr, LLC • RE/MAX ALLIANCE GROUP
Mls Name: Stellar MLS
Mls ID: #W7881597