1004 Peninsula AveTarpon SpringsFL34689
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Tarpon Springs at 1004 Peninsula Ave, Tarpon Springs, FL, 34689 at $478,900 posts ROI 17.13% with from $2,810/mo rent. Total monthly income equals $2,810/mo. Return on cash invested measures 17.13% and rental yield reads 7.04% at the current $478,900. Equity gained on principal adds $3,090/yr, and 5% annual appreciation supports $132,311 by year five. Five-year ROI prints 88.5% and total cumulative return in cash totals $140,491. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,810/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1975
7,910 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34689, Tarpon Springs, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,582 (100%) |
| Owner Occupied HU | 9,563 (65.6%) |
| Renter Occupied HU | 3,270 (22.4%) |
| Vacant Housing Units | 1,749 (12.0%) |
| Median Home Value | $413,778 |
| Average Home Value | $503,375 |
Housing Distribution
Address Breakdown
Residential
13,872
Single Family
11,772
Multi-Family
2,100
Businesses
1,242
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Listed by: Mickey Arruda • KNOWN REAL ESTATE LLC
Mls Name: Stellar MLS
Mls ID: #TB8426574