4318 Spinnaker Cove LnTampaFL33615
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 4318 Spinnaker Cove Ln, Tampa, FL, 33615 offers $6,486/mo rent that, after a $3,617/mo payment, leaves $737/mo cash flow. Total monthly income is $6,486/mo, and annual cash flow is $8,850/yr on $243,131 cash. Return on cash invested measures 23.7% in year one, and rental yield stands at 10.53% at a $739,000 entry. Equity gained on principal adds $4,769/yr while 5% annual appreciation compounds into $204,172 by year five. Five-year ROI records 125.24% and total cumulative return in cash reaches $304,508. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,486/mo property income versus a $3,617/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2005
1,683 sqft lot
$N/A/sqft
$579 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33615, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,739 (100%) |
| Owner Occupied HU | 10,818 (54.8%) |
| Renter Occupied HU | 7,928 (40.2%) |
| Vacant Housing Units | 993 ( 5.0%) |
| Median Home Value | $356,638 |
| Average Home Value | $412,317 |
Housing Distribution
Address Breakdown
Residential
19,377
Single Family
14,056
Multi-Family
5,321
Businesses
693
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Listed by: Amelia VanDyke • KELLER WILLIAMS SOUTH TAMPA
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #T3550528
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