2904 E Waters AveTampaFL33604
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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 2904 E Waters Ave, Tampa, FL, 33604 offers a 9.08% rental yield on a $189,000 purchase with $1,430/mo rent. Total monthly income registers $1,430/mo, and a $925/mo payment leaves $176/mo available for distribution. Annual cash flow reaches $2,110/yr on $62,654 to close, and return on cash invested stands at 23.28% in year one. Equity gained on principal adds $1,220/yr while 5% annual appreciation supports $52,217 over five years. Portfolio math shows five-year ROI at 121.48% and total cumulative return in cash at $76,114. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,430/mo property income against a $925/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33604, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,354 (100%) |
| Owner Occupied HU | 8,670 (53.0%) |
| Renter Occupied HU | 6,607 (40.4%) |
| Vacant Housing Units | 1,077 ( 6.6%) |
| Median Home Value | $355,987 |
| Average Home Value | $424,857 |
Housing Distribution
Address Breakdown
Residential
15,831
Single Family
13,156
Multi-Family
2,675
Businesses
1,067
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