16037 Penwood DrTampaFL33647
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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 16037 Penwood Dr, Tampa, FL, 33647 generates $3,882/mo in rent, after a $3,421/mo payment. Total monthly income is $3,882/mo. Return on cash invested sits at 16.01% in year one, and rental yield is 6.66% on a $699,000 entry. Equity gained on principal adds $4,511/yr, while 5% annual appreciation builds toward $193,121 over five years. Five-year ROI reaches 82.5% and total cumulative return in cash sums $189,722. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,882/mo property income rather than buyer’s personal income.
Single Family
Built in 1990
9,583 sqft lot
$N/A/sqft
$20 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33647, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,242 (100%) |
| Owner Occupied HU | 16,184 (57.3%) |
| Renter Occupied HU | 10,826 (38.3%) |
| Vacant Housing Units | 1,232 ( 4.4%) |
| Median Home Value | $488,826 |
| Average Home Value | $549,305 |
Housing Distribution
Address Breakdown
Residential
27,674
Single Family
17,689
Multi-Family
9,985
Businesses
695
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