6230 S Martindale AveTampaFL33611
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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 6230 S Martindale Ave, Tampa, FL, 33611 offers a 10.03% rental yield on a $422,500 purchase with $3,533/mo rent. Total monthly income registers $3,533/mo, and a $2,068/mo payment leaves $729/mo available for distribution. Annual cash flow reaches $8,750/yr on $140,059 to close, and return on cash invested stands at 26.16% in year one. Equity gained on principal adds $2,726/yr while 5% annual appreciation supports $116,729 over five years. Portfolio math shows five-year ROI at 136.96% and total cumulative return in cash at $191,820. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,533/mo property income against a $2,068/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
7,590 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33611, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,628 (100%) |
| Owner Occupied HU | 9,922 (53.3%) |
| Renter Occupied HU | 7,441 (39.9%) |
| Vacant Housing Units | 1,265 ( 6.8%) |
| Median Home Value | $577,936 |
| Average Home Value | $668,621 |
Housing Distribution
Address Breakdown
Residential
17,453
Single Family
11,270
Multi-Family
6,183
Businesses
684
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