406 Bullard PkwyTemple TerraceFL33617
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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 Temple Terrace at 406 Bullard Pkwy, Temple Terrace, FL, 33617 offers $3,310/mo rent that, after a $2,393/mo payment, leaves $65/mo cash flow. Total monthly income is $3,310/mo, and annual cash flow is $784/yr on $162,104 cash. Return on cash invested measures 20.39% in year one, and rental yield stands at 8.12% at a $489,000 entry. Equity gained on principal adds $3,155/yr while 5% annual appreciation compounds into $135,102 by year five. Five-year ROI records 106.03% and total cumulative return in cash reaches $171,886. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,310/mo property income versus a $2,393/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33617, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,184 (100%) |
| Owner Occupied HU | 8,069 (38.1%) |
| Renter Occupied HU | 11,791 (55.7%) |
| Vacant Housing Units | 1,324 ( 6.2%) |
| Median Home Value | $384,202 |
| Average Home Value | $419,228 |
Housing Distribution
Address Breakdown
Residential
19,403
Single Family
16,148
Multi-Family
3,255
Businesses
1,012
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Listed by: Marieta Chirino • FUTURE HOME REALTY INC
Mls Name: Stellar MLS
Mls ID: #TB8465930