612 W Dr Martin Luther King Jr BlvdTampaFL33603
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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 612 W Dr Martin Luther King Jr Blvd, Tampa, FL, 33603 at $299,000 posts ROI 22.77% with $236/mo cash flow from $2,220/mo rent. Total monthly income equals $2,220/mo, and annual cash flow records $2,835/yr on $99,119 to close. Return on cash invested measures 22.77% and rental yield reads 8.91% at the current $299,000. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 by year five. Five-year ROI prints 118.8% and total cumulative return in cash totals $117,754.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,220/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1920
6,150 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33603, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,070 (100%) |
| Owner Occupied HU | 5,119 (56.4%) |
| Renter Occupied HU | 3,123 (34.4%) |
| Vacant Housing Units | 828 ( 9.1%) |
| Median Home Value | $440,706 |
| Average Home Value | $513,094 |
Housing Distribution
Address Breakdown
Residential
8,335
Single Family
6,885
Multi-Family
1,450
Businesses
625
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