501 Knights Run Ave APT 1215TampaFL33602
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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 501 Knights Run Ave APT 1215, Tampa, FL, 33602 generates $3,760/mo in rent and, after a $1,741/mo payment, leaves $64/mo in cash flow. Total monthly income is $3,760/mo, and annual cash flow is $772/yr on $117,939 invested. Return on cash invested sits at 20.56% in year one, and rental yield is 12.68% on a $355,773 entry. Equity gained on principal adds $2,296/yr, while 5% annual appreciation builds toward $98,294 over five years. Five-year ROI reaches 111.89% and total cumulative return in cash sums $131,966. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,760/mo property income rather than buyer’s personal income.
Condo
Built in 1998
N/A lot
$N/A/sqft
$1,099 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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