7483 Terrace River DrTemple TerraceFL33637
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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 Temple Terrace at 7483 Terrace River Dr, Temple Terrace, FL, 33637 uses $119,340 cash to close to unlock $11,448/yr annual cash flow and $954/mo monthly cash flow. Total monthly income runs $3,343/mo, and a $1,762/mo payment keeps the spread at $954/mo. Purchase price stands at $360,000, and rental yield measures 11.14% with $3,343/mo rent. Return on cash invested shows 29.5% in year one, and 5% annual appreciation builds toward $99,461 over five years. Five-year ROI reaches 154.85% and total cumulative return in cash records $184,797. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,343/mo property income covering a $1,762/mo payment rather than investor’s personal income.
Townhouse
Built in 2007
3,727 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33637, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,396 (100%) |
| Owner Occupied HU | 3,305 (39.4%) |
| Renter Occupied HU | 4,675 (55.7%) |
| Vacant Housing Units | 416 ( 5.0%) |
| Median Home Value | $315,738 |
| Average Home Value | $308,939 |
Housing Distribution
Address Breakdown
Residential
8,045
Single Family
5,752
Multi-Family
2,293
Businesses
410
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Listed by: Md Awal • CHARLES RUTENBERG REALTY INC
Mls Name: Stellar MLS
Mls ID: #TB8466955