864 Callista Cay LoopTarpon 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 864 Callista Cay Loop, Tarpon Springs, FL, 34689 priced at $536,500 converts $3,245/mo rent into after a $2,626/mo obligation. Total monthly income equals $3,245/mo. Return on cash invested prints 14.35% in year one, and rental yield reads 7.26% against a $536,500 entry. Equity gained on principal adds $3,462/yr, while 5% annual appreciation compiles into $148,225 by year five. Five-year ROI reaches 74.88% and total cumulative return in cash sums $132,163. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,245/mo property income covering a $2,626/mo payment, not borrower’s personal income.
Townhouse
Built in 2018
3,372 sqft lot
$N/A/sqft
$400 monthly 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: Gina Shanks PA • FLORIDA REALTY INVESTMENTS
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #U8243729
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