404 E Chelsea StTampaFL33603
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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 404 E Chelsea St, Tampa, FL, 33603 generates $3,216/mo in rent, after a $2,863/mo payment. Total monthly income is $3,216/mo. Return on cash invested sits at 15.91% in year one, and rental yield is 6.6% on a $585,000 entry. Equity gained on principal adds $3,775/yr, while 5% annual appreciation builds toward $161,625 over five years. Five-year ROI reaches 81.97% and total cumulative return in cash sums $157,758. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,216/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
8,120 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33603, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,070 (100%) |
| Owner Occupied HU | 5,119 (56.4%) |
| Renter Occupied HU | 3,123 (34.4%) |
| Vacant Housing Units | 828 ( 9.1%) |
| Median Home Value | $440,706 |
| Average Home Value | $513,094 |
Housing Distribution
Address Breakdown
Residential
8,335
Single Family
6,885
Multi-Family
1,450
Businesses
625
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