6233 Dew Drop WayTemple 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
Investment property for sale in Temple Terrace at 6233 Dew Drop Way, Temple Terrace, FL, 33617 uses $53,007 cash to close to unlock $2,058/yr annual cash flow and $172/mo monthly cash flow. Total monthly income runs $1,233/mo, and a $783/mo payment keeps the spread at $172/mo. Purchase price stands at $159,900, and rental yield measures 9.25% with $1,233/mo rent. Return on cash invested shows 23.79% in year one, and 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 124.3% and total cumulative return in cash records $65,886. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,233/mo property income covering a $783/mo payment rather than investor’s personal income.
Condo
Built in 1975
N/A 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: Kris Sabio • LIFESTYLE INTERNATIONAL REALTY
Mls Name: Stellar MLS
Mls ID: #TB8471167