Dual Strategy-Flip or Rent it

Dual Strategy-Flip or Rent it

2 bed 1 bath 947 sq ft Built in 1984 Single Family
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68
Quality of Comparables
Low High
16 /20
Level of Rehab
Heavy Light
12/20
Location of Neighborhood
Far Close
15/20
Quality of Floor Plan
Choppy Flowing
13/20
School Rating
F A
6/10
Placement in Neighborhood
Busy Calm
6/10
Property Details

This off-market concrete block single-family home is one of the lowest-priced opportunities in all of New Port Richey — currently ranked 3rd cheapest out of 109 active MLS listings. Opportunities at this price point move quickly.

At approximately 947 sqft, the property offers an efficient renovation scope, favorable rent-to-price ratios, and low holding costs. It’s well-positioned for:

Long-term rental with projected returns around 12.9%
Fix-and-flip strategy with an estimated $65,000 upside (31% ROI)

Strong numbers, manageable rehab, and a high-demand price point make this a compelling investment opportunity.

The property’s block construction reduces long-term maintenance and insurance risk. Interior improvements remain primarily cosmetic that are straightforward and budget-friendly, allowing for a controlled and predictable renovation scope.

Water access and a Gulf shoreline are just 2–3 miles away, driving strong tenant and buyer demand without the pricing or flood risk of waterfront homes. Limited affordable inventory further reinforces this as a high-conviction value-add opportunity. 

Contact your Equity Pro Advisor today. 

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We recommend flip
Rental Income
$2,300 mo. / $27,600 yr.
Estimated Taxes
$2,300 / yr.
Maintenance
$250 / yr.
HOA Dues
$0 / yr.
$22,650
Projected Income
12.89%
Estimated APY
$65,000
Projected Income
30.95%
Estimated ROI

Comps

 
Listed
 
Pending
 
Sold

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