6120 E 110th AveTemple 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 6120 E 110th Ave, Temple Terrace, FL, 33617 generates $1,685/mo in rent and, after a $1,224/mo payment, leaves $26/mo in cash flow. Total monthly income is $1,685/mo, and annual cash flow is $307/yr on $82,875 invested. Return on cash invested sits at 20.28% in year one, and rental yield is 8.09% on a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 105.44% and total cumulative return in cash sums $87,382. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,685/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
7,770 sqft 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: Marquies Johnson • BHHS FLORIDA PROPERTIES GROUP
Mls Name: Stellar MLS
Mls ID: #TB8407694