1957 ShultzTarpon 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 1957 Shultz, Tarpon Springs, FL, 34689 generates $942/mo in rent and, after a $587/mo payment, leaves $146/mo in cash flow. Total monthly income is $942/mo, and annual cash flow is $1,752/yr on $39,780 invested. Return on cash invested sits at 24.31% in year one, and rental yield is 9.42% on a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 127.02% and total cumulative return in cash sums $50,527. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $942/mo property income rather than buyer’s personal income.
Manufactured
Built in 2014
N/A 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: Karen Dillard • All Florida Mobile Homes
Mls Name: My State MLS
Mls ID: #11469481