300 S Florida Ave APT 600LTarpon 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 300 S Florida Ave APT 600L, Tarpon Springs, FL, 34689 earns $86/mo cash flow from $1,645/mo rent with a $1,150/mo payment. Total monthly income totals $1,645/mo, and annual cash flow totals $1,029/yr on $77,903 capital. ROI tracks 21.23% on current figures, and rental yield reads 8.4% at a $235,000 purchase. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,926 over five years. Five-year ROI reaches 110.53% and total cumulative return in cash sums $86,104. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,645/mo property income instead of your personal income.
Condo
Built in 1986
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: Ryan Diaz • 1% LISTS CENTRAL FLORIDA
Mls Name: Stellar MLS
Mls ID: #W7877778