1174 Sparrow LnTarpon SpringsFL34689
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1174 Sparrow Ln, Tarpon Springs, FL, 34689 at $115,000 posts ROI 23.83% with $125/mo cash flow from $888/mo rent. Total monthly income equals $888/mo, and annual cash flow records $1,497/yr on $38,123 to close. Return on cash invested measures 23.83% and rental yield reads 9.27% at the current $115,000. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 by year five. Five-year ROI prints 124.52% and total cumulative return in cash totals $47,469.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $888/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1989
N/A 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: Lisa Thomas • American Mobile Home Sales of Tampa Bay, Inc.
Mls Name: My State MLS
Mls ID: #11353820