5312 Berkley Rd

New Port Richey, FL 34652
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3 bd, 1 ba | 1,032 sqft | Built in 1957

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List Price
$230,000

Initial Investment

$62,675

Purchase Price

$230,000

Down Payment

25%

Rent

$1,350

Total Return

$173,438

Annualized Return

29.2%

Cap Rate

4.5%

Gross Yield

7.0%

Cash Flow

-$2,883

Appreciation

13.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

6,750

HOA

None

Flood Risk

High Risk - Zone AE

This charming 3-bedroom, 1-bath block construction home sits on a spacious corner lot and offers 6,750 square feet of opportunity, living space of 1,032 SQ FT. Professionally cleared and remediated ready for its next chapter, this blank canvas is ideal for investors, flippers, or buyers with vision to bring their dream design to life. Inside, you’ll find preserved upper kitchen cabinets, a classic tub and tile bathroom, covered porch and original terrazzo floors that could be resurfaced —adding character and value. The 2023 shingle roof provides long-term peace of mind and savings.
Estimated rental potential for a fully renovated 3/1 in this area ranges from $1,800–$2,400/month, making this a great opportunity to build equity and generate steady income. No HOA, no backyard fencing, and plenty of potential to customize. Located just minutes from the Gulf and lively downtown New Port Richey. Cash or hard money ONLY!

See more in Analysis
Jeff Wills
Sefair Investments, Inc
FL Agent License #BK3326417

Annual Financial Highlights

Expected Rent

$15,390

Expenses

-$2,739

Property Taxes

-$3,030

Loan Payments

-$12,504

Net Cash Flow

-$2,883

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:William Gaston
Agent License 3435991
COLDWELL BANKER REALTY
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #TB8374235
Last Updated: 04/17/2025 14:04
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