1808 E Columbus Dr UNIT 3TampaFL33605
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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 1808 E Columbus Dr UNIT 3, Tampa, FL, 33605 offers a 12.58% rental yield on a $299,990 purchase with $3,145/mo rent. Total monthly income registers $3,145/mo, and a $1,468/mo payment leaves $1,155/mo available for distribution. Annual cash flow reaches $13,854/yr on $99,447 to close, and return on cash invested stands at 33.84% in year one. Equity gained on principal adds $1,936/yr while 5% annual appreciation supports $82,882 over five years. Portfolio math shows five-year ROI at 178.15% and total cumulative return in cash at $177,165. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,145/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2007
2,170 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33605, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,631 (100%) |
| Owner Occupied HU | 2,965 (34.4%) |
| Renter Occupied HU | 4,781 (55.4%) |
| Vacant Housing Units | 885 (10.3%) |
| Median Home Value | $264,721 |
| Average Home Value | $325,034 |
Housing Distribution
Address Breakdown
Residential
7,655
Single Family
5,702
Multi-Family
1,953
Businesses
1,148
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