16116 Gardendale DrTampaFL33624
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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 16116 Gardendale Dr, Tampa, FL, 33624 uses $152,159 cash to close to unlock $7,003/yr annual cash flow and $584/mo monthly cash flow. Total monthly income runs $3,630/mo, and a $2,247/mo payment keeps the spread at $584/mo. Purchase price stands at $459,000, and rental yield measures 9.49% with $3,630/mo rent. Return on cash invested shows 24.51% in year one, and 5% annual appreciation builds toward $126,813 over five years. Five-year ROI reaches 128.12% and total cumulative return in cash records $194,951. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,630/mo property income covering a $2,247/mo payment rather than investor’s personal income.
Single Family
Built in 1981
5,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33624, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,603 (100%) |
| Owner Occupied HU | 11,095 (66.8%) |
| Renter Occupied HU | 5,051 (30.4%) |
| Vacant Housing Units | 457 ( 2.8%) |
| Median Home Value | $433,467 |
| Average Home Value | $483,831 |
Housing Distribution
Address Breakdown
Residential
16,420
Single Family
13,026
Multi-Family
3,394
Businesses
588
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