101 S 12th St UNIT 318TampaFL33602
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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
Investment property for sale in Tampa at 101 S 12th St UNIT 318, Tampa, FL, 33602 offers a 9.94% rental yield on a $393,300 purchase with $3,258/mo rent. Total monthly income registers $3,258/mo, and a $1,925/mo payment leaves $447/mo available for distribution. Annual cash flow reaches $5,369/yr on $130,379 to close, and return on cash invested stands at 24.03% in year one. Equity gained on principal adds $2,538/yr while 5% annual appreciation supports $108,662 over five years. Portfolio math shows five-year ROI at 126.2% and total cumulative return in cash at $164,532. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,258/mo property income against a $1,925/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Apartment
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33602, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,647 (100%) |
| Owner Occupied HU | 3,492 (22.3%) |
| Renter Occupied HU | 10,231 (65.4%) |
| Vacant Housing Units | 1,924 (12.3%) |
| Median Home Value | $593,952 |
| Average Home Value | $658,703 |
Housing Distribution
Address Breakdown
Residential
13,371
Single Family
2,617
Multi-Family
10,754
Businesses
1,390
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