1309 Pine Ridge Cir E APT H3Tarpon SpringsFL34688
Nearby investment properties with comparable rents
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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 1309 Pine Ridge Cir E APT H3, Tarpon Springs, FL, 34688 earns $179/mo cash flow from $1,920/mo rent with a $949/mo payment. Total monthly income totals $1,920/mo, and annual cash flow totals $2,147/yr on $64,278 capital. ROI tracks 23.25% on current figures, and rental yield reads 11.88% at a $193,900 purchase. Equity gained on principal adds $1,251/yr, and 5% annual appreciation supports $53,571 over five years. Five-year ROI reaches 124.41% and total cumulative return in cash sums $79,969. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,920/mo property income instead of your personal income.
Condo
Built in 1984
0.90 Acres lot
$N/A/sqft
$377 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34688, Tarpon Springs, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,635 (100%) |
| Owner Occupied HU | 3,058 (84.1%) |
| Renter Occupied HU | 257 ( 7.1%) |
| Vacant Housing Units | 320 ( 8.8%) |
| Median Home Value | $546,450 |
| Average Home Value | $574,463 |
Housing Distribution
Address Breakdown
Residential
3,626
Single Family
3,427
Multi-Family
199
Businesses
540
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Listed by: Heather Hardy • COASTAL PROPERTIES GROUP INTERNATIONAL
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8366190
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511