4036 Cortez Dr APT DTampaFL33614
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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 4036 Cortez Dr APT D, Tampa, FL, 33614 priced at $195,500 converts $2,644/mo rent into $544/mo cash flow after a $957/mo obligation. Total monthly income equals $2,644/mo, and annual cash flow totals $6,523/yr on $64,808 invested. Return on cash invested prints 29.97% in year one, and rental yield reads 16.23% against a $195,500 entry. Equity gained on principal adds $1,262/yr, while 5% annual appreciation compiles into $54,013 by year five. Five-year ROI reaches 162.81% and total cumulative return in cash sums $105,515. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,644/mo property income covering a $957/mo payment, not borrower’s personal income.
Condo
Built in 1972
9 sqft lot
$N/A/sqft
$726 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: Maria Leon • EXP REALTY LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #T3551509
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