1500 Sunset Rd APT G2Tarpon 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 1500 Sunset Rd APT G2, Tarpon Springs, FL, 34689 offers a 11.97% rental yield on a $268,900 purchase with $2,683/mo rent. Total monthly income registers $2,683/mo, and a $1,316/mo payment leaves $899/mo available for distribution. Annual cash flow reaches $10,784/yr on $89,140 to close, and return on cash invested stands at 32.01% in year one. Equity gained on principal adds $1,735/yr while 5% annual appreciation supports $74,292 over five years. Portfolio math shows five-year ROI at 168.32% and total cumulative return in cash at $150,040. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,683/mo property income against a $1,316/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1984
7.79 Acres 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: Magdalena Paszkowski • HOMEFRONT REALTY
Mls Name: Stellar MLS
Mls ID: #TB8433048