6622 Glencoe DrTemple 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 6622 Glencoe Dr, Temple Terrace, FL, 33617 offers a 10.49% rental yield on a $345,000 purchase with $3,016/mo rent. Total monthly income registers $3,016/mo, and a $1,689/mo payment leaves $726/mo available for distribution. Annual cash flow reaches $8,713/yr on $114,368 to close, and return on cash invested stands at 27.53% in year one. Equity gained on principal adds $2,226/yr while 5% annual appreciation supports $95,317 over five years. Portfolio math shows five-year ROI at 144.33% and total cumulative return in cash at $165,064. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,016/mo property income against a $1,689/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
0.28 Acres 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: Lynn Werner • CENTURY 21 ELITE LOCATIONS, INC
Mls Name: Stellar MLS
Mls ID: #TB8421608