200 Meres Blvd APT 21Tarpon SpringsFL34689
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
Investment Highlights
Rental property for sale in Tarpon Springs at 200 Meres Blvd APT 21, Tarpon Springs, FL, 34689 generates $2,300/mo in rent and, after a $1,268/mo payment, leaves $581/mo in cash flow. Total monthly income is $2,300/mo, and annual cash flow is $6,971/yr on $85,859 invested. Return on cash invested sits at 28.03% in year one, and rental yield is 10.66% on a $259,000 entry. Equity gained on principal adds $1,671/yr, while 5% annual appreciation builds toward $71,557 over five years. Five-year ROI reaches 146.97% and total cumulative return in cash sums $126,184. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,300/mo property income rather than buyer’s personal income.
Townhouse
Built in 1985
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
Listed by: Janet Cochran • COASTAL PROPERTIES GROUP INTERNATIONAL
Mls Name: Stellar MLS
Mls ID: #TB8458911