509 Falmouth StTemple TerraceFL33617
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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 Temple Terrace at 509 Falmouth St, Temple Terrace, FL, 33617 priced at $489,000 pairs $4,195/mo rent with $950/mo cash flow after a $2,393/mo payment. Total monthly income equals $4,195/mo, and annual cash flow comes to $11,404/yr on $162,104 invested. Return on cash invested is 26.94% in year one, and rental yield stands at 10.29% on a $489,000 basis. Equity gained on principal adds $3,155/yr, and 5% annual appreciation accumulates to $135,102 by year five. Five-year ROI measures 141.17% and total cumulative return in cash reaches $228,838. For financing, Ziffy Mortgage’s DSCR program evaluates $4,195/mo property income against a $2,393/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1969
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33617, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,184 (100%) |
| Owner Occupied HU | 8,069 (38.1%) |
| Renter Occupied HU | 11,791 (55.7%) |
| Vacant Housing Units | 1,324 ( 6.2%) |
| Median Home Value | $384,202 |
| Average Home Value | $419,228 |
Housing Distribution
Address Breakdown
Residential
19,403
Single Family
16,148
Multi-Family
3,255
Businesses
1,012
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Listed by: Coleen Garner • CENTURY 21 ELITE LOCATIONS, INC
Mls Name: Stellar MLS
Mls ID: #TB8460617