3050 Wentworth WayTarpon SpringsFL34688
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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 3050 Wentworth Way, Tarpon Springs, FL, 34688 generates $5,138/mo in rent, after a $6,828/mo payment. Total monthly income is $5,138/mo. Return on cash invested sits at 8.7% in year one, and rental yield is 4.42% on a $1,395,000 entry. Equity gained on principal adds $9,002/yr, while 5% annual appreciation builds toward $385,413 over five years. Five-year ROI reaches 43.5% and total cumulative return in cash sums $196,630. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,138/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
0.43 Acres lot
$N/A/sqft
$275 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34688, Tarpon Springs, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,635 (100%) |
| Owner Occupied HU | 3,058 (84.1%) |
| Renter Occupied HU | 257 ( 7.1%) |
| Vacant Housing Units | 320 ( 8.8%) |
| Median Home Value | $546,450 |
| Average Home Value | $574,463 |
Housing Distribution
Address Breakdown
Residential
3,626
Single Family
3,427
Multi-Family
199
Businesses
540
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Listed by: Marlene Leonard • FUTURE HOME REALTY INC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8325848
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511