409 E Oak Ave #7TampaFL33602
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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 409 E Oak Ave #7, Tampa, FL, 33602 priced at $986,600 pairs $9,372/mo rent with $2,503/mo cash flow after a $4,829/mo payment. Total monthly income equals $9,372/mo, and annual cash flow comes to $30,032/yr on $324,591 invested. Return on cash invested is 29.31% in year one, and rental yield stands at 11.4% on a $986,600 basis. Equity gained on principal adds $6,366/yr, and 5% annual appreciation accumulates to $272,579 by year five. Five-year ROI measures 154.26% and total cumulative return in cash reaches $500,708. For financing, Ziffy Mortgage’s DSCR program evaluates $9,372/mo property income against a $4,829/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2023
8,712 sqft lot
$N/A/sqft
$322 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33602, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,647 (100%) |
| Owner Occupied HU | 3,492 (22.3%) |
| Renter Occupied HU | 10,231 (65.4%) |
| Vacant Housing Units | 1,924 (12.3%) |
| Median Home Value | $593,952 |
| Average Home Value | $658,703 |
Housing Distribution
Address Breakdown
Residential
13,371
Single Family
2,617
Multi-Family
10,754
Businesses
1,390
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Listed by: Bianca Lopez • SMITH & ASSOCIATES REAL ESTATE
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #T3486216
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