449 S 12th St UNIT 2205TampaFL33602
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
Investment property for sale in Tampa at 449 S 12th St UNIT 2205, Tampa, FL, 33602 earns from $6,238/mo rent with a $4,393/mo payment. Total monthly income totals $6,238/mo. ROI tracks 13.19% on current figures, and rental yield reads 8.34% at a $897,600 purchase. Equity gained on principal adds $5,792/yr, and 5% annual appreciation supports $247,990 over five years. Five-year ROI reaches 70.25% and total cumulative return in cash sums $207,470. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,238/mo property income instead of your personal income.
Condo
Built in 2007
N/A lot
$N/A/sqft
$1,973 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices