2907 W Wallace AveTampaFL33611
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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
Rental property for sale in Tampa at 2907 W Wallace Ave, Tampa, FL, 33611 generates $2,503/mo in rent, after a $1,933/mo payment. Total monthly income is $2,503/mo. Return on cash invested sits at 18.83% in year one, and rental yield is 7.6% on a $395,000 entry. Equity gained on principal adds $2,549/yr, while 5% annual appreciation builds toward $109,131 over five years. Five-year ROI reaches 97.66% and total cumulative return in cash sums $127,878. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,503/mo property income rather than buyer’s personal income.
Single Family
Built in 1973
7,350 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33611, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,628 (100%) |
| Owner Occupied HU | 9,922 (53.3%) |
| Renter Occupied HU | 7,441 (39.9%) |
| Vacant Housing Units | 1,265 ( 6.8%) |
| Median Home Value | $577,936 |
| Average Home Value | $668,621 |
Housing Distribution
Address Breakdown
Residential
17,453
Single Family
11,270
Multi-Family
6,183
Businesses
684
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