703 S Castle CtTampaFL33612
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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 Tampa at 703 S Castle Ct, Tampa, FL, 33612 uses $89,505 cash to close to unlock $5,265/yr annual cash flow and $439/mo monthly cash flow. Total monthly income runs $2,231/mo, and a $1,322/mo payment keeps the spread at $439/mo. Purchase price stands at $270,000, and rental yield measures 9.92% with $2,231/mo rent. Return on cash invested shows 25.79% in year one, and 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 134.98% and total cumulative return in cash records $120,817. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,231/mo property income covering a $1,322/mo payment rather than investor’s personal income.
Single Family
Built in 1961
6,300 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33612, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,160 (100%) |
| Owner Occupied HU | 7,168 (33.9%) |
| Renter Occupied HU | 11,906 (56.3%) |
| Vacant Housing Units | 2,086 ( 9.9%) |
| Median Home Value | $312,733 |
| Average Home Value | $367,372 |
Housing Distribution
Address Breakdown
Residential
18,648
Single Family
13,826
Multi-Family
4,822
Businesses
1,673
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