768 Seminole BlvdTarpon 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 768 Seminole Blvd, Tarpon Springs, FL, 34689 priced at $1,300,000 converts $6,029/mo rent into after a $6,363/mo obligation. Total monthly income equals $6,029/mo. Return on cash invested prints 12.97% in year one, and rental yield reads 5.57% against a $1,300,000 entry. Equity gained on principal adds $8,389/yr, while 5% annual appreciation compiles into $359,166 by year five. Five-year ROI reaches 66.11% and total cumulative return in cash sums $278,475. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,029/mo property income covering a $6,363/mo payment, not borrower’s personal income.
Single Family
Built in 1947
0.62 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
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Listed by: Tanner Tillung • EXP REALTY LLC
Mls Name: Stellar MLS
Mls ID: #TB8427115