7212 Wedgewood Dr
New Port Richey, FL 34652
List Price
$149,900
Initial Investment
$40,848Purchase Price
$149,900
Down Payment
25%
Rent
$1,630
Total Return
$147,100
Annualized Return
39.6%
Cap Rate
9.1%
Gross Yield
13.0%
Cash Flow
$4,537
Appreciation
13.0%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
8,120
HOA
None
Flood Risk
High Risk - Zone AE
This 3-bedroom, 2-bathroom home features updated windows (2016), HVAC (2016), and a sturdy roof (2015), offering a solid foundation for renovations. Located near Sims Park and Tarpon Springs Aquarium and Animal Sanctuary, it’s in a highly desirable area. The home experienced flooding during a recent hurricane, but all necessary remediation has been completed, ensuring a clean and safe environment. The spacious, fenced backyard includes a paved patio and above-ground pool, perfect for outdoor entertaining. This property is a prime opportunity to create your dream home or a smart investment.
See more in Analysis
Jeff Wills
Sefair Investments, Inc
FL Agent License #BK3326417
Annual Financial Highlights
Expected Rent
$18,582Expenses
-$4,246Property Taxes
-$1,650Loan Payments
-$8,149Net Cash Flow
$4,537See 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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Certified Agent Brokerage:Jeff Wills
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SourceStellar MLS
MLS #W7874601
Last Updated: 04/17/2025 07:04
MLS #W7874601
Last Updated: 04/17/2025 07:04