4221 W Spruce St APT 1319TampaFL33607
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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
Investment property for sale in Tampa at 4221 W Spruce St APT 1319, Tampa, FL, 33607 uses $62,952 cash to close to unlock $2,559/yr annual cash flow and $213/mo monthly cash flow. Total monthly income runs $1,473/mo, and a $929/mo payment keeps the spread at $213/mo. Purchase price stands at $189,900, and rental yield measures 9.31% with $1,473/mo rent. Return on cash invested shows 23.97% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 125.28% and total cumulative return in cash records $78,869. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,473/mo property income covering a $929/mo payment rather than investor’s personal income.
Condo
Built in 2001
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33607, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,020 (100%) |
| Owner Occupied HU | 4,842 (34.5%) |
| Renter Occupied HU | 8,032 (57.3%) |
| Vacant Housing Units | 1,146 ( 8.2%) |
| Median Home Value | $410,455 |
| Average Home Value | $511,667 |
Housing Distribution
Address Breakdown
Residential
12,738
Single Family
6,946
Multi-Family
5,792
Businesses
2,172
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