2506 N Rocky Point Dr #356TampaFL33607
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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 2506 N Rocky Point Dr #356, Tampa, FL, 33607 uses $71,273 cash to close to unlock $186/yr annual cash flow and $16/mo monthly cash flow. Total monthly income runs $1,442/mo, and a $1,052/mo payment keeps the spread at $16/mo. Purchase price stands at $215,000, and rental yield measures 8.05% with $1,442/mo rent. Return on cash invested shows 20.17% in year one, and 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 104.86% and total cumulative return in cash records $74,737. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,442/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Condo
Built in 1982
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33607, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,020 (100%) |
| Owner Occupied HU | 4,842 (34.5%) |
| Renter Occupied HU | 8,032 (57.3%) |
| Vacant Housing Units | 1,146 ( 8.2%) |
| Median Home Value | $410,455 |
| Average Home Value | $511,667 |
Housing Distribution
Address Breakdown
Residential
12,738
Single Family
6,946
Multi-Family
5,792
Businesses
2,172
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