3721 Binnacle DrTampaFL33611
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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 3721 Binnacle Dr, Tampa, FL, 33611 priced at $115,900 pairs $921/mo rent with $152/mo cash flow after a $567/mo payment. Total monthly income equals $921/mo, and annual cash flow comes to $1,826/yr on $38,421 invested. Return on cash invested is 24.66% in year one, and rental yield stands at 9.54% on a $115,900 basis. Equity gained on principal adds $748/yr, and 5% annual appreciation accumulates to $32,021 by year five. Five-year ROI measures 129.03% and total cumulative return in cash reaches $49,576. For financing, Ziffy Mortgage’s DSCR program evaluates $921/mo property income against a $567/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1993
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33611, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,628 (100%) |
| Owner Occupied HU | 9,922 (53.3%) |
| Renter Occupied HU | 7,441 (39.9%) |
| Vacant Housing Units | 1,265 ( 6.8%) |
| Median Home Value | $577,936 |
| Average Home Value | $668,621 |
Housing Distribution
Address Breakdown
Residential
17,453
Single Family
11,270
Multi-Family
6,183
Businesses
684
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