3103 Taragrove DrTampaFL33618
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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 3103 Taragrove Dr, Tampa, FL, 33618 priced at $545,000 converts $4,512/mo rent into $895/mo cash flow after a $2,668/mo obligation. Total monthly income equals $4,512/mo, and annual cash flow totals $10,737/yr on $179,305 invested. Return on cash invested prints 26.05% in year one, and rental yield reads 9.93% against a $545,000 entry. Equity gained on principal adds $3,517/yr, while 5% annual appreciation compiles into $150,573 by year five. Five-year ROI reaches 136.33% and total cumulative return in cash sums $244,440. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,512/mo property income covering a $2,668/mo payment, not borrower’s personal income.
Single Family
Built in 1979
9,900 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33618, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,927 (100%) |
| Owner Occupied HU | 8,047 (67.5%) |
| Renter Occupied HU | 3,357 (28.1%) |
| Vacant Housing Units | 523 ( 4.4%) |
| Median Home Value | $536,719 |
| Average Home Value | $594,964 |
Housing Distribution
Address Breakdown
Residential
12,019
Single Family
7,839
Multi-Family
4,180
Businesses
1,131
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