703 E Flora StTampaFL33604
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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 703 E Flora St, Tampa, FL, 33604 priced at $309,700 converts $2,934/mo rent into $879/mo cash flow after a $1,516/mo obligation. Total monthly income equals $2,934/mo, and annual cash flow totals $10,543/yr on $102,666 invested. Return on cash invested prints 30.18% in year one, and rental yield reads 11.37% against a $309,700 entry. Equity gained on principal adds $1,998/yr, while 5% annual appreciation compiles into $85,564 by year five. Five-year ROI reaches 158.52% and total cumulative return in cash sums $162,741. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,934/mo property income covering a $1,516/mo payment, not borrower’s personal income.
Single Family
Built in 1923
5,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33604, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,354 (100%) |
| Owner Occupied HU | 8,670 (53.0%) |
| Renter Occupied HU | 6,607 (40.4%) |
| Vacant Housing Units | 1,077 ( 6.6%) |
| Median Home Value | $355,987 |
| Average Home Value | $424,857 |
Housing Distribution
Address Breakdown
Residential
15,831
Single Family
13,156
Multi-Family
2,675
Businesses
1,067
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