9704 Gatun St

New Port Richey, FL 34654
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2 bd, 1 ba | 940 sqft | Built in 1975

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List Price
$239,000

Initial Investment

$65,128

Purchase Price

$239,000

Down Payment

25%

Rent

$1,380

Total Return

$161,318

Annualized Return

27.1%

Cap Rate

4.4%

Gross Yield

6.9%

Cash Flow

-$3,093

Appreciation

12.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

7,701

HOA

None

Flood Risk

Not Required

Nestled on a serene side street in New Port Richey, this charming abode offers tranquility without the hassle of an HOA or CDD. Surrounded by lush, mature trees and abundant wildlife, it provides a picturesque view right from your doorstep.
Step inside to discover a cozy layout featuring two bedrooms and one bath, complemented by both a living room and a family room flooded with natural light pouring in through numerous windows. The convenience of an inside laundry room adds practicality to daily living. Outside, a chain-link fenced backyard awaits, offering privacy and security for all your outdoor activities. This house sits on an oversized lot in a quiet area which is perfect for a business owner who needs storage as well.
Recent updates including fresh paint inside and out, and a new AC system installed in November 2020 provides further peace of mind.
Featuring tile floors in the main living areas and laminate in the bedrooms, along with blinds throughout, this home exudes a polished finish. Whether you're a small family seeking a cozy retreat or an investor eyeing a lucrative rental opportunity, this property ticks all the boxes.

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

Annual Financial Highlights

Expected Rent

$15,732

Expenses

-$3,632

Property Taxes

-$2,200

Loan Payments

-$12,993

Net Cash Flow

-$3,093

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:Cynthia Griffin
Agent License 3348198
LOKATION
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #T3519376
Last Updated: 04/17/2024 10:04
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