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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Brandon at 703 Parsons Lake Path UNIT 206, Brandon, FL, 33511 generates $2,054/mo in rent and, after a $979/mo payment, leaves $373/mo in cash flow. Total monthly income is $2,054/mo, and annual cash flow is $4,470/yr on $66,300 invested. Return on cash invested sits at 26.65% in year one, and rental yield is 12.32% on a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 141.93% and total cumulative return in cash sums $94,100. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,054/mo property income rather than buyer’s personal income.
Condo
Built in 1988
2 sqft lot
$N/A/sqft
$316 monthly HOA
Neighborhood data shown for ZIP Code: 33511, Brandon, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,498 (100%) |
| Owner Occupied HU | 12,789 (52.2%) |
| Renter Occupied HU | 10,426 (42.6%) |
| Vacant Housing Units | 1,283 ( 5.2%) |
| Median Home Value | $409,805 |
| Average Home Value | $463,243 |
Residential
22,847
Single Family
16,018
Multi-Family
6,829
Businesses
1,997
Date | Event | Price |
|---|---|---|
| 2024-11-13 | Price change | $200,000 |
| 2024-09-12 | Listed for sale | $208,900 |
| 2024-08-31 | Listing removed | $1,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-17 | $2237.68 | 13.00% | $122,740 | 10.00% |
| 2022-11-17 | $1980.22 | 51.13% | $111,582 | 65.83% |
| 2021-11-17 | $1310.24 | 1.73% | $67,285 | 10.00% |
Listed by: Tony Baroni • KELLER WILLIAMS SUBURBAN TAMPA
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8302820
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
