501 Knights Run Ave APT 2218TampaFL33602
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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
Investment property for sale in Tampa at 501 Knights Run Ave APT 2218, Tampa, FL, 33602 earns from $3,482/mo rent with a $1,958/mo payment. Total monthly income totals $3,482/mo. ROI tracks 12.68% on current figures, and rental yield reads 10.45% at a $400,000 purchase. Equity gained on principal adds $2,581/yr, and 5% annual appreciation supports $110,513 over five years. Five-year ROI reaches 69.98% and total cumulative return in cash sums $92,800. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,482/mo property income instead of your personal income.
Condo
Built in 1998
4 sqft lot
$N/A/sqft
$1,423 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: Rick Detres • COLDWELL BANKER REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8402694
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