1337 Pine Ridge Cir E APT D2Tarpon SpringsFL34688
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
Total monthly income runs $1,365/mo, and a $857/mo payment. Purchase price stands at $175,000, and rental yield measures 9.36% with $1,365/mo rent. Return on cash invested shows 13.86% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 74.73% and total cumulative return in cash records $43,351. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,365/mo property income covering a $857/mo payment rather than investor’s personal income.
Condo
Built in 1984
0.46 Acres lot
$N/A/sqft
$371 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tierra Archer • ARCHER REALTY SOLUTIONS LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8361501
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