11407 Michelle Way #462TampaFL33637
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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 11407 Michelle Way #462, Tampa, FL, 33637 offers a 9.5% rental yield on a $119,900 purchase with $949/mo rent. Total monthly income registers $949/mo, and a $587/mo payment leaves $153/mo available for distribution. Annual cash flow reaches $1,838/yr on $39,747 to close, and return on cash invested stands at 24.53% in year one. Equity gained on principal adds $774/yr while 5% annual appreciation supports $33,126 over five years. Portfolio math shows five-year ROI at 128.34% and total cumulative return in cash at $51,012. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $949/mo property income against a $587/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33637, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,396 (100%) |
| Owner Occupied HU | 3,305 (39.4%) |
| Renter Occupied HU | 4,675 (55.7%) |
| Vacant Housing Units | 416 ( 5.0%) |
| Median Home Value | $315,738 |
| Average Home Value | $308,939 |
Housing Distribution
Address Breakdown
Residential
8,045
Single Family
5,752
Multi-Family
2,293
Businesses
410
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