2002 E 5th Ave UNIT 205TampaFL33605
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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 2002 E 5th Ave UNIT 205, Tampa, FL, 33605 listed at $383,000 pairs $2,657/mo rent with a $1,875/mo payment to leave $115/mo cash flow. Total monthly income runs $2,657/mo, and annual cash flow reaches $1,379/yr on $126,965 cash to close. Return on cash invested measures 21% in year one, and rental yield registers 8.32% at a $383,000 basis. Equity gained on principal adds $2,471/yr, and annual property appreciation at 5% supports $105,816 by year five. Five-year ROI tracks 109.25% and total cumulative return in cash totals $138,702. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,657/mo property income relative to a $1,875/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2005
2 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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