1710 Tallahassee DrTarpon 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 1710 Tallahassee Dr, Tarpon Springs, FL, 34689 uses $262,871 cash to close to unlock $20,163/yr annual cash flow and $1,680/mo monthly cash flow. Total monthly income runs $7,130/mo, and a $3,911/mo payment keeps the spread at $1,680/mo. Purchase price stands at $799,000, and rental yield measures 10.71% with $7,130/mo rent. Return on cash invested shows 27.73% in year one, and 5% annual appreciation builds toward $220,749 over five years. Five-year ROI reaches 145.6% and total cumulative return in cash records $382,734. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,130/mo property income covering a $3,911/mo payment rather than investor’s personal income.
Single Family
Built in 1974
0.50 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: Ruth Squires • EXP Realty LLC
Mls Name: Realtors Association of Citrus County
Mls Provider:
Mls ID: #839839
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.