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1938 Virginia Ave, Tarpon Springs, FL 34689 — $160,000 · 3bd · ~1.2% rule | OnePercent

1938 Virginia Ave, Tarpon Springs, FL 34689

$160,000

Home·Tarpon Springs 34689·1938 Virginia Ave, Tarpon Springs, FL 34689

Unconfirmed for 8 days — may no longer be available

1938 Virginia Ave, Tarpon Springs, FL 34689

3 bd · 1 ba · 1,040 sqft · built 1959 · Tarpon Springs · SINGLE_FAMILY·source listing ↗

$160,000

rent, three ways

OnePercent model (vv1)$1,854/mo

p10–p90 confidence band

HUD Fair Market Rent · 34689 · 3BR$2,120/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Pinellas

Flood risk indexRelatively High FEMA NRI

Median household income$74,854

Median area rent$1,289/mo

Median home value$337,000

the verdict

1.16%vs 1.0% target

financing: 20% down · — (FRED, live) · 30yr

$160,000

1.16% · rent $1,854

Intrinsic value · income approach

$313,731

49% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.