708 Lakewood AveTampaFL33613
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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 708 Lakewood Ave, Tampa, FL, 33613 priced at $359,800 converts $2,204/mo rent into after a $1,761/mo obligation. Total monthly income equals $2,204/mo. Return on cash invested prints 18.06% in year one, and rental yield reads 7.35% against a $359,800 entry. Equity gained on principal adds $2,322/yr, while 5% annual appreciation compiles into $99,406 by year five. Five-year ROI reaches 93.54% and total cumulative return in cash sums $111,571. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,204/mo property income covering a $1,761/mo payment, not borrower’s personal income.
Single Family
Built in 1960
6,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33613, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,329 (100%) |
| Owner Occupied HU | 4,664 (25.4%) |
| Renter Occupied HU | 12,254 (66.9%) |
| Vacant Housing Units | 1,411 ( 7.7%) |
| Median Home Value | $417,346 |
| Average Home Value | $480,967 |
Housing Distribution
Address Breakdown
Residential
15,312
Single Family
9,274
Multi-Family
6,038
Businesses
818
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