1120 E Kennedy Blvd UNIT 724TampaFL33602
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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 Tampa at 1120 E Kennedy Blvd UNIT 724, Tampa, FL, 33602 generates $2,107/mo in rent and, after a $1,468/mo payment, leaves $117/mo in cash flow. Total monthly income is $2,107/mo, and annual cash flow is $1,400/yr on $99,417 invested. Return on cash invested sits at 21.32% in year one, and rental yield is 8.43% on a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 110.99% and total cumulative return in cash sums $110,344. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,107/mo property income rather than buyer’s personal income.
Condo
Built in 2007
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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