3820 Cortez Dr APT BTampaFL33614
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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 3820 Cortez Dr APT B, Tampa, FL, 33614 priced at $149,500 pairs $3,047/mo rent with $1,540/mo cash flow after a $732/mo payment. Total monthly income equals $3,047/mo, and annual cash flow comes to $18,475/yr on $49,559 invested. Return on cash invested is 57.19% in year one, and rental yield stands at 24.46% on a $149,500 basis. Equity gained on principal adds $965/yr, and 5% annual appreciation accumulates to $41,304 by year five. Five-year ROI measures 307.91% and total cumulative return in cash reaches $152,597. For financing, Ziffy Mortgage’s DSCR program evaluates $3,047/mo property income against a $732/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1972
2 sqft lot
$N/A/sqft
$515 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33614, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,597 (100%) |
| Owner Occupied HU | 8,137 (39.5%) |
| Renter Occupied HU | 11,692 (56.8%) |
| Vacant Housing Units | 768 ( 3.7%) |
| Median Home Value | $347,844 |
| Average Home Value | $437,356 |
Housing Distribution
Address Breakdown
Residential
19,732
Single Family
11,213
Multi-Family
8,519
Businesses
1,793
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Listed by: George Mitchell • GEORGE E. MITCHELL, REALTOR/AU
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #T3510254
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511