1919 Whispering WayTarpon 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
Rental property for sale in Tarpon Springs at 1919 Whispering Way, Tarpon Springs, FL, 34689 priced at $349,900 converts $3,132/mo rent into $810/mo cash flow after a $1,713/mo obligation. Total monthly income equals $3,132/mo, and annual cash flow totals $9,715/yr on $115,992 invested. Return on cash invested prints 28.28% in year one, and rental yield reads 10.74% against a $349,900 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,671 by year five. Five-year ROI reaches 148.36% and total cumulative return in cash sums $172,086. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,132/mo property income covering a $1,713/mo payment, not borrower’s personal income.
Townhouse
Built in 1987
1,503 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: Alex Pinzkoski • COMPASS FLORIDA, LLC
Mls Name: Stellar MLS
Mls ID: #TB8456779