3429 W Palmetto StTampaFL33607
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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
Investment property for sale in Tampa at 3429 W Palmetto St, Tampa, FL, 33607 offers a 9.1% rental yield on a $149,900 purchase with $1,137/mo rent. Total monthly income registers $1,137/mo, and a $734/mo payment leaves $142/mo available for distribution. Annual cash flow reaches $1,703/yr on $49,692 to close, and return on cash invested stands at 23.34% in year one. Equity gained on principal adds $967/yr while 5% annual appreciation supports $41,415 over five years. Portfolio math shows five-year ROI at 121.83% and total cumulative return in cash at $60,539. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,137/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1949
3,605 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33607, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,020 (100%) |
| Owner Occupied HU | 4,842 (34.5%) |
| Renter Occupied HU | 8,032 (57.3%) |
| Vacant Housing Units | 1,146 ( 8.2%) |
| Median Home Value | $410,455 |
| Average Home Value | $511,667 |
Housing Distribution
Address Breakdown
Residential
12,738
Single Family
6,946
Multi-Family
5,792
Businesses
2,172
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