Is New Port Richey, FL a good place to invest in rental property?

New Port Richey, FL has a median modeled monthly cash flow of $-725 and a median cap rate of 3.1%, on a median sold price of $288,000. Prices changed -1.5% year over year.

What is the average cap rate in New Port Richey, FL?

The median cap rate across recently sold homes in New Port Richey, FL is 3.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in New Port Richey, FL?

The median sold price in New Port Richey, FL is $288,000 (about $192 per square foot).

Investing in New Port Richey, FL Real Estate

A data-driven snapshot of the New Port Richey, FL rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$288,000Median sold price

$192Median $/sqft

3.1%Median cap rate

$-725Modeled cash flow / mo

-1.5%Appreciation YoY

11.7Months of supply

1,441Active listings

1,476Sold (last 12 mo)

What the New Port Richey numbers say

In New Port Richey, FL, the median home sold for $288,000 (about $192 per square foot), and the typical deal models out to a 3.1% cap rate with a median $-725 of monthly cash flow. Sold prices moved -1.5% over the past year. Inventory sits at about 11.7 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

🔨 See 4 fix-and-flip deals in New Port Richey — listings where the estimated after-repair value beats list price + rehab.

Other Florida markets to compare

See New Port Richey cash-flowing listings

CashFlowRE ranks every for-sale home in New Port Richey, FL by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen New Port Richey deals, or browse the national market data.