3820 E Lakeshore DrTampaFL33604
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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 3820 E Lakeshore Dr, Tampa, FL, 33604 uses $94,478 cash to close to unlock $7,231/yr annual cash flow and $603/mo monthly cash flow. Total monthly income runs $2,494/mo, and a $1,395/mo payment keeps the spread at $603/mo. Purchase price stands at $285,000, and rental yield measures 10.5% with $2,494/mo rent. Return on cash invested shows 27.56% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 144.49% and total cumulative return in cash records $136,506. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,494/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Single Family
Built in 1962
6,496 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33604, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,354 (100%) |
| Owner Occupied HU | 8,670 (53.0%) |
| Renter Occupied HU | 6,607 (40.4%) |
| Vacant Housing Units | 1,077 ( 6.6%) |
| Median Home Value | $355,987 |
| Average Home Value | $424,857 |
Housing Distribution
Address Breakdown
Residential
15,831
Single Family
13,156
Multi-Family
2,675
Businesses
1,067
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