648 Timber Bay Cir EOldsmarFL34677
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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 Oldsmar at 648 Timber Bay Cir E, Oldsmar, FL, 34677 offers $2,557/mo rent that, after a $1,855/mo payment, leaves $42/mo cash flow. Total monthly income is $2,557/mo, and annual cash flow is $503/yr on $125,639 cash. Return on cash invested measures 20.31% in year one, and rental yield stands at 8.1% at a $379,000 entry. Equity gained on principal adds $2,446/yr while 5% annual appreciation compounds into $104,711 by year five. Five-year ROI records 105.56% and total cumulative return in cash reaches $132,623. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,557/mo property income versus a $1,855/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34677, Oldsmar, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,184 (100%) |
| Owner Occupied HU | 7,418 (72.8%) |
| Renter Occupied HU | 2,134 (21.0%) |
| Vacant Housing Units | 632 ( 6.2%) |
| Median Home Value | $466,455 |
| Average Home Value | $546,420 |
Housing Distribution
Address Breakdown
Residential
10,028
Single Family
8,840
Multi-Family
1,188
Businesses
1,302
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