700 S Harbour Island BlvdTampaFL33602
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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 Tampa at 700 S Harbour Island Blvd, Tampa, FL, 33602 priced at $199,000 converts $5,168/mo rent into $2,120/mo cash flow after a $974/mo obligation. Total monthly income equals $5,168/mo, and annual cash flow totals $25,439/yr on $65,969 invested. Return on cash invested prints 58.47% in year one, and rental yield reads 31.16% against a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation compiles into $54,980 by year five. Five-year ROI reaches 321.6% and total cumulative return in cash sums $212,154. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,168/mo property income covering a $974/mo payment, not borrower’s personal income.
Condo
Built in N/A
0.27 Acres lot
$N/A/sqft
$175 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33602, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,647 (100%) |
| Owner Occupied HU | 3,492 (22.3%) |
| Renter Occupied HU | 10,231 (65.4%) |
| Vacant Housing Units | 1,924 (12.3%) |
| Median Home Value | $593,952 |
| Average Home Value | $658,703 |
Housing Distribution
Address Breakdown
Residential
13,371
Single Family
2,617
Multi-Family
10,754
Businesses
1,390
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Listed by: Austin Pennington • LATITUDE COMMERCIAL REALTY INC.
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8309303
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511