1511 Meridel AveTampaFL33612
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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 1511 Meridel Ave, Tampa, FL, 33612 listed at $386,500 pairs $2,927/mo rent with a $1,892/mo payment to leave $362/mo cash flow. Total monthly income runs $2,927/mo, and annual cash flow reaches $4,342/yr on $128,125 cash to close. Return on cash invested measures 23.3% in year one, and rental yield registers 9.09% at a $386,500 basis. Equity gained on principal adds $2,494/yr, and annual property appreciation at 5% supports $106,783 by year five. Five-year ROI tracks 121.59% and total cumulative return in cash totals $155,785. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,927/mo property income relative to a $1,892/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1956
8,094 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33612, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,160 (100%) |
| Owner Occupied HU | 7,168 (33.9%) |
| Renter Occupied HU | 11,906 (56.3%) |
| Vacant Housing Units | 2,086 ( 9.9%) |
| Median Home Value | $312,733 |
| Average Home Value | $367,372 |
Housing Distribution
Address Breakdown
Residential
18,648
Single Family
13,826
Multi-Family
4,822
Businesses
1,673
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