324 Madeira CirTierra VerdeFL33715
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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 Tierra Verde at 324 Madeira Cir, Tierra Verde, FL, 33715 offers $4,465/mo rent that, after a $2,912/mo payment, leaves $517/mo cash flow. Total monthly income is $4,465/mo, and annual cash flow is $6,201/yr on $195,755 cash. Return on cash invested measures 23.23% in year one, and rental yield stands at 9.01% at a $595,000 entry. Equity gained on principal adds $3,839/yr while 5% annual appreciation compounds into $164,388 by year five. Five-year ROI records 121.19% and total cumulative return in cash reaches $237,242. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,465/mo property income versus a $2,912/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1995
897 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33715, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,887 (100%) |
| Owner Occupied HU | 3,992 (58.0%) |
| Renter Occupied HU | 437 ( 6.3%) |
| Vacant Housing Units | 2,458 (35.7%) |
| Median Home Value | $689,474 |
| Average Home Value | $881,423 |
Housing Distribution
Address Breakdown
Residential
6,265
Single Family
2,121
Multi-Family
4,144
Businesses
125
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Listed by: David Hickey • PATRIOTIC REAL ESTATE
Mls Name: Stellar MLS
Mls ID: #A4610949