4610 W Gray St UNIT 209TampaFL33609
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 4610 W Gray St UNIT 209, Tampa, FL, 33609 offers a 11.24% rental yield on a $239,000 purchase with $2,238/mo rent. Total monthly income registers $2,238/mo, and a $1,170/mo payment leaves $652/mo available for distribution. Annual cash flow reaches $7,821/yr on $79,229 to close, and return on cash invested stands at 29.78% in year one. Equity gained on principal adds $1,542/yr while 5% annual appreciation supports $66,031 over five years. Portfolio math shows five-year ROI at 156.35% and total cumulative return in cash at $123,876. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,238/mo property income against a $1,170/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1968
4 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33609, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,835 (100%) |
| Owner Occupied HU | 5,516 (56.1%) |
| Renter Occupied HU | 3,587 (36.5%) |
| Vacant Housing Units | 732 ( 7.4%) |
| Median Home Value | $636,457 |
| Average Home Value | $785,260 |
Housing Distribution
Address Breakdown
Residential
8,712
Single Family
6,085
Multi-Family
2,627
Businesses
1,410
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices