1520 S Richard AveTampaFL33629
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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 1520 S Richard Ave, Tampa, FL, 33629 generates $5,010/mo in rent and, after a $3,546/mo payment, leaves $202/mo in cash flow. Total monthly income is $5,010/mo, and annual cash flow is $2,426/yr on $238,361 invested. Return on cash invested sits at 21.08% in year one, and rental yield is 8.3% on a $724,500 entry. Equity gained on principal adds $4,675/yr, while 5% annual appreciation builds toward $200,166 over five years. Five-year ROI reaches 109.68% and total cumulative return in cash sums $261,436. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,010/mo property income rather than buyer’s personal income.
Single Family
Built in 1956
6,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33629, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,434 (100%) |
| Owner Occupied HU | 8,662 (75.8%) |
| Renter Occupied HU | 2,135 (18.7%) |
| Vacant Housing Units | 637 ( 5.6%) |
| Median Home Value | $779,309 |
| Average Home Value | $920,042 |
Housing Distribution
Address Breakdown
Residential
10,922
Single Family
9,045
Multi-Family
1,877
Businesses
867
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