315 S Spring BlvdTarpon 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
Investment property for sale in Tarpon Springs at 315 S Spring Blvd, Tarpon Springs, FL, 34689 at $405,000 posts ROI 24.79% with $546/mo cash flow from $3,233/mo rent. Total monthly income equals $3,233/mo, and annual cash flow records $6,547/yr on $134,258 to close. Return on cash invested measures 24.79% and rental yield reads 9.58% at the current $405,000. Equity gained on principal adds $2,613/yr, and 5% annual appreciation supports $111,894 by year five. Five-year ROI prints 129.58% and total cumulative return in cash totals $173,966.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,233/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1951
9,531 sqft 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: Robert Tough • EXP REALTY LLC
Mls Name: Stellar MLS
Mls ID: #TB8411164