3836 N Lake Dr UNIT 121TampaFL33614
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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 3836 N Lake Dr UNIT 121, Tampa, FL, 33614 offers a 9.35% rental yield on a $175,000 purchase with $1,364/mo rent. 19% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,349 over five years. Portfolio math shows five-year ROI at 46.39% and total cumulative return in cash at $26,911. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,364/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1973
2 sqft lot
$N/A/sqft
$703 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: Carolina Paige • CENTURY 21 BEGGINS ENTERPRISES
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8401782
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