10724 New Morning DrTampaFL33647
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Tampa at 10724 New Morning Dr, Tampa, FL, 33647 priced at $648,308 converts $4,400/mo rent into $98/mo cash flow after a $3,173/mo obligation. Total monthly income equals $4,400/mo, and annual cash flow totals $1,174/yr on $213,293 invested. Return on cash invested prints 20.61% in year one, and rental yield reads 8.14% against a $648,308 entry. Equity gained on principal adds $4,183/yr, while 5% annual appreciation compiles into $179,116 by year five. Five-year ROI reaches 107.15% and total cumulative return in cash sums $228,550. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,400/mo property income covering a $3,173/mo payment, not borrower’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33647, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,242 (100%) |
| Owner Occupied HU | 16,184 (57.3%) |
| Renter Occupied HU | 10,826 (38.3%) |
| Vacant Housing Units | 1,232 ( 4.4%) |
| Median Home Value | $488,826 |
| Average Home Value | $549,305 |
Housing Distribution
Address Breakdown
Residential
27,674
Single Family
17,689
Multi-Family
9,985
Businesses
695
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