723 Cajeput LoopTarpon 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
Rental property for sale in Tarpon Springs at 723 Cajeput Loop, Tarpon Springs, FL, 34689 offers $7,121/mo rent that, after a $4,821/mo payment, leaves $585/mo cash flow. Total monthly income is $7,121/mo, and annual cash flow is $7,016/yr on $324,032 cash. Return on cash invested measures 22.23% in year one, and rental yield stands at 8.68% at a $984,900 entry. Equity gained on principal adds $6,355/yr while 5% annual appreciation compounds into $272,110 by year five. Five-year ROI records 115.82% and total cumulative return in cash reaches $375,291. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $7,121/mo property income versus a $4,821/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
0.33 Acres 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: Kim Sobecki • RE/MAX REALTEC GROUP INC
Mls Name: Stellar MLS
Mls ID: #TB8450675