416 Flamingo Dr, Apollo Beach, FL, 33572 | $387/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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416 Flamingo Dr, Apollo Beach, FL, 33572 | $387/mo Cash Flow | Ziffy

Pending

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Apollo Beach at 416 Flamingo Dr, Apollo Beach, FL, 33572 offers $2,079/mo rent that, after a $1,248/mo payment, leaves $387/mo cash flow. Total monthly income is $2,079/mo, and annual cash flow is $4,642/yr on $84,533 cash. Return on cash invested measures 25.4% in year one, and rental yield stands at 9.78% at a $255,000 entry. Equity gained on principal adds $1,645/yr while 5% annual appreciation compounds into $70,452 by year five. Five-year ROI records 132.88% and total cumulative return in cash reaches $112,328. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,079/mo property income versus a $1,248/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1974

7,400 sqft lot

$N/A/sqft

No HOA

More details about the property

Under contract-accepting backup offers. Step into homeownership with this beautifully renovated 2-bedroom, 2-bathroom gem located in the heart of the desirable Apollo Beach community. Whether you're starting your journey as a homeowner or looking to settle into a peaceful neighborhood, this move-in-ready property offers the perfect combination of modern updates, spacious outdoor living, and unbeatable location all with no HOA or CDD fees! Inside, you'll find a completely remodeled interior featuring newer appliances, new hurricane windows and slider, new light fixtures and fresh paint both inside and out. The home is designed for low-maintenance living with stylish new flooring throughout, perfect for busy professionals, young families, or anyone looking for an easy-care lifestyle. The open and inviting layout offers comfortable living and dining areas, ideal for entertaining or relaxing after a long day. Each bedroom is well-sized, offering privacy and comfort, while the updated bathrooms feature modern finishes to make your daily routines feel just a little more luxurious. Step outside to your fully fenced backyard a fantastic space for pets, gardening, or weekend BBQs with friends and family. Enjoy your morning coffee or unwind in the evening on the screened-in front porch, a charming bonus space that adds character and function. Located on a quiet street near the end of Flamingo Blvd, youre just minutes away from the Apollo Beach county park featuring recreational courts, a scenic paved walking track, and even a nearby golf course. Enjoy the perks of a prime location without the fees that come with planned communities! This home offers a rare opportunity to own an updated property in a growing area with plenty of outdoor recreation, all while staying within a first-time buyer's budget. Don't miss out on this chance to plant roots in one of Tampa Bays most accessible and friendly neighborhoods! ?? Schedule your private showing today and take the first step toward owning your dream home!

Neighborhood Data

Neighborhood data shown for ZIP Code: 33572, Apollo Beach, FL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,329 (100%)
Owner Occupied HU	9,981 (74.9%)
Renter Occupied HU	1,908 (14.3%)
Vacant Housing Units	1,440 (10.8%)
Median Home Value	$548,592
Average Home Value	$602,214