524 Cary LnTarpon 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
Rental property for sale in Tarpon Springs at 524 Cary Ln, Tarpon Springs, FL, 34689 priced at $159,900 pairs $1,225/mo rent with $164/mo cash flow after a $783/mo payment. Total monthly income equals $1,225/mo, and annual cash flow comes to $1,962/yr on $53,007 invested. Return on cash invested is 23.61% in year one, and rental yield stands at 9.19% on a $159,900 basis. Equity gained on principal adds $1,032/yr, and 5% annual appreciation accumulates to $44,177 by year five. Five-year ROI measures 123.32% and total cumulative return in cash reaches $65,370. For financing, Ziffy Mortgage’s DSCR program evaluates $1,225/mo property income against a $783/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2015
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: Beth Durner • Gulf Breeze Mobile Home Sales, LLC
Mls Name: My State MLS
Mls ID: #11407177