9520 Merton StNew 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 9520 Merton St, New Port Richey, FL, 34654 generates $905/mo in rent and, after a $563/mo payment, leaves $142/mo in cash flow. Total monthly income is $905/mo, and annual cash flow is $1,701/yr on $38,123 invested. Return on cash invested sits at 24.37% in year one, and rental yield is 9.44% on a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 127.38% and total cumulative return in cash sums $48,561. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $905/mo property income rather than buyer’s personal income.
Manufactured
Built in 2001
7,701 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: Christopher Gallon, PA • EXP REALTY LLC
Mls Name: Stellar MLS
Mls ID: #O6368305