3416 W Morrison AveTampaFL33629
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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 3416 W Morrison Ave, Tampa, FL, 33629 priced at $1,350,000 converts $5,624/mo rent into after a $6,608/mo obligation. Total monthly income equals $5,624/mo. Return on cash invested prints 11.22% in year one, and rental yield reads 5% against a $1,350,000 entry. Equity gained on principal adds $8,711/yr, while 5% annual appreciation compiles into $372,980 by year five. Five-year ROI reaches 56.75% and total cumulative return in cash sums $248,213. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,624/mo property income covering a $6,608/mo payment, not borrower’s personal income.
Single Family
Built in 1973
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33629, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,434 (100%) |
| Owner Occupied HU | 8,662 (75.8%) |
| Renter Occupied HU | 2,135 (18.7%) |
| Vacant Housing Units | 637 ( 5.6%) |
| Median Home Value | $779,309 |
| Average Home Value | $920,042 |
Housing Distribution
Address Breakdown
Residential
10,922
Single Family
9,045
Multi-Family
1,877
Businesses
867
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