1862 Wood Bend StTarpon 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 1862 Wood Bend St, Tarpon Springs, FL, 34689 offers a 9.03% rental yield on a $430,000 purchase with $3,236/mo rent. Total monthly income registers $3,236/mo, and a $2,105/mo payment leaves $239/mo available for distribution. Annual cash flow reaches $2,873/yr on $142,545 to close, and return on cash invested stands at 21.92% in year one. Equity gained on principal adds $2,775/yr while 5% annual appreciation supports $118,801 over five years. Portfolio math shows five-year ROI at 114.68% and total cumulative return in cash at $163,467. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,236/mo property income against a $2,105/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
6,534 sqft lot
$N/A/sqft
$452 annually 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: Katrina L Stough • Tropic Shores Realty LLC
Mls Name: HCMLS
Mls Provider:
Mls ID: #2254001
Disclaimer: This information is provided exclusively for consumers personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed accurate by the MLS.