1964 Schultz AveTarpon SpringsFL34689
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Tarpon Springs rentals match the income profile of 1964 Schultz Ave, Tarpon Springs, FL, 34689. Listed at $125,000, gross rent is $2,236/mo and net cash flow is $1,406/mo, a 21.46% yield well above national averages. DSCR 3.98 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $34,535 by year five with $1,151/yr in annual principal reduction, projecting $138,187 in total cumulative return.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 21.5% | 6.2% |
| Monthly Cash Flow | $1,406 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,236 |
| Total Monthly Debt Service | $780 |
| DSCR Ratio | 2.87x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2018
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Manufactured
Built in 2018
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices