1208 E Kennedy Blvd UNIT 618TampaFL33602
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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 1208 E Kennedy Blvd UNIT 618, Tampa, FL, 33602 uses $148,844 cash to close to unlock $948/yr annual cash flow and $79/mo monthly cash flow. Total monthly income runs $3,059/mo, and a $2,198/mo payment keeps the spread at $79/mo. Purchase price stands at $449,000, and rental yield measures 8.18% with $3,059/mo rent. Return on cash invested shows 20.55% in year one, and 5% annual appreciation builds toward $124,050 over five years. Five-year ROI reaches 106.83% and total cumulative return in cash records $159,016. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,059/mo property income covering a $2,198/mo payment rather than investor’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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