Is Tarpon Springs, FL a good place to invest in rental property?

Tarpon Springs, FL has a median modeled monthly cash flow of $-924 and a median cap rate of 3.5%, on a median sold price of $385,000. Prices changed -3.3% year over year.

What is the average cap rate in Tarpon Springs, FL?

The median cap rate across recently sold homes in Tarpon Springs, FL is 3.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Tarpon Springs, FL?

The median sold price in Tarpon Springs, FL is $385,000 (about $238 per square foot).

Investing in Tarpon Springs, FL Real Estate

A data-driven snapshot of the Tarpon Springs, FL rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$385,000Median sold price

$238Median $/sqft

3.5%Median cap rate

$-924Modeled cash flow / mo

-3.3%Appreciation YoY

14.9Months of supply

655Active listings

528Sold (last 12 mo)

What the Tarpon Springs numbers say

In Tarpon Springs, FL, the median home sold for $385,000 (about $238 per square foot), and the typical deal models out to a 3.5% cap rate with a median $-924 of monthly cash flow. Sold prices moved -3.3% over the past year. Inventory sits at about 14.9 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Florida markets to compare

See Tarpon Springs cash-flowing listings

CashFlowRE ranks every for-sale home in Tarpon Springs, FL by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Tarpon Springs deals, or browse the national market data.