4308 W Iowa AveTampaFL33616
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 4308 W Iowa Ave, Tampa, FL, 33616 generates $4,752/mo in rent and, after a $3,421/mo payment, leaves $114/mo in cash flow. Total monthly income is $4,752/mo, and annual cash flow is $1,363/yr on $229,971 invested. Return on cash invested sits at 20.65% in year one, and rental yield is 8.16% on a $699,000 entry. Equity gained on principal adds $4,511/yr, while 5% annual appreciation builds toward $193,121 over five years. Five-year ROI reaches 107.39% and total cumulative return in cash sums $246,962. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,752/mo property income rather than buyer’s personal income.
Single Family
Built in 1962
10,366 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33616, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,168 (100%) |
| Owner Occupied HU | 3,371 (36.8%) |
| Renter Occupied HU | 5,035 (54.9%) |
| Vacant Housing Units | 762 ( 8.3%) |
| Median Home Value | $435,627 |
| Average Home Value | $495,780 |
Housing Distribution
Address Breakdown
Residential
7,861
Single Family
4,800
Multi-Family
3,061
Businesses
101
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices