600 Ivey LnTarpon 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 600 Ivey Ln, Tarpon Springs, FL, 34689 uses $109,395 cash to close to unlock $191/yr annual cash flow and $16/mo monthly cash flow. Total monthly income runs $2,429/mo, and a $1,615/mo payment keeps the spread at $16/mo. Purchase price stands at $330,000, and rental yield measures 8.83% with $2,429/mo rent. Return on cash invested shows 20.08% in year one, and 5% annual appreciation builds toward $91,173 over five years. Five-year ROI reaches 105.24% and total cumulative return in cash records $115,127. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,429/mo property income covering a $1,615/mo payment rather than investor’s personal income.
Single Family
Built in 1986
8,747 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: Jenn Ott • DALTON WADE INC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #W7877578
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