449 S 12th St UNIT 1201TampaFL33602
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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 449 S 12th St UNIT 1201, Tampa, FL, 33602 generates $5,180/mo in rent, after a $5,629/mo payment. Total monthly income is $5,180/mo. Return on cash invested sits at 4.7% in year one, and rental yield is 5.41% on a $1,150,000 entry. Equity gained on principal adds $7,421/yr, while 5% annual appreciation builds toward $317,724 over five years. Five-year ROI reaches 24.6% and total cumulative return in cash sums $91,677. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,180/mo property income rather than buyer’s personal income.
Condo
Built in 2007
4 sqft lot
$N/A/sqft
$1,883 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: Eric Bachmann • PRISTINE FLORIDA PROPERTIES LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8389977
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