316 Lafayette BlvdOldsmarFL34677
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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 Oldsmar at 316 Lafayette Blvd, Oldsmar, FL, 34677 priced at $640,000 converts $4,504/mo rent into $257/mo cash flow after a $3,132/mo obligation. Total monthly income equals $4,504/mo, and annual cash flow totals $3,088/yr on $210,560 invested. Return on cash invested prints 21.53% in year one, and rental yield reads 8.45% against a $640,000 entry. Equity gained on principal adds $4,130/yr, while 5% annual appreciation compiles into $176,820 by year five. Five-year ROI reaches 112.09% and total cumulative return in cash sums $236,010. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,504/mo property income covering a $3,132/mo payment, not borrower’s personal income.
Single Family
Built in 2006
9,967 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34677, Oldsmar, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,184 (100%) |
| Owner Occupied HU | 7,418 (72.8%) |
| Renter Occupied HU | 2,134 (21.0%) |
| Vacant Housing Units | 632 ( 6.2%) |
| Median Home Value | $466,455 |
| Average Home Value | $546,420 |
Housing Distribution
Address Breakdown
Residential
10,028
Single Family
8,840
Multi-Family
1,188
Businesses
1,302
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