202 Red Cedar Pl #202BrandonFL33510
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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 Brandon at 202 Red Cedar Pl #202, Brandon, FL, 33510 uses $50,720 cash to close to unlock $2,118/yr annual cash flow and $177/mo monthly cash flow. Total monthly income runs $1,192/mo, and a $749/mo payment keeps the spread at $177/mo. Purchase price stands at $153,000, and rental yield measures 9.35% with $1,192/mo rent. Return on cash invested shows 24.09% in year one, and 5% annual appreciation builds toward $42,271 over five years. Five-year ROI reaches 125.89% and total cumulative return in cash records $63,852. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,192/mo property income covering a $749/mo payment rather than investor’s personal income.
Condo
Built in 1985
2 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33510, Brandon, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,009 (100%) |
| Owner Occupied HU | 7,572 (63.1%) |
| Renter Occupied HU | 4,001 (33.3%) |
| Vacant Housing Units | 436 ( 3.6%) |
| Median Home Value | $359,230 |
| Average Home Value | $396,138 |
Housing Distribution
Address Breakdown
Residential
11,263
Single Family
8,698
Multi-Family
2,565
Businesses
313
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