1516 Gopher LoopTarpon 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 1516 Gopher Loop, Tarpon Springs, FL, 34689 listed at $676,990 pairs $4,363/mo rent with a $3,314/mo payment. Total monthly income runs $4,363/mo. Return on cash invested measures 19.36% in year one, and rental yield registers 7.73% at a $676,990 basis. Equity gained on principal adds $4,369/yr, and annual property appreciation at 5% supports $187,040 by year five. Five-year ROI tracks 100.45% and total cumulative return in cash totals $223,731. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,363/mo property income relative to a $3,314/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2023
6,891 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: Stephen Hachey • FLAT FEE MLS REALTY
Mls Name: Stellar MLS
Mls ID: #TB8419591