775 Mainsail DrTampaFL33602
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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 775 Mainsail Dr, Tampa, FL, 33602 with 5% annual appreciation on a $629,999 basis while $5,384/mo rent supports operations. Total monthly income totals $5,384/mo and a $3,084/mo payment preserves $1,203/mo for cash returns. Annual cash flow comes to $14,433/yr on $207,270 deployed, and return on cash invested reaches 27.02% in year one. Equity gained on principal adds $4,065/yr, and five-year appreciation sums $174,057 alongside rental yield of 10.26%. Five-year ROI measures 141.54% and total cumulative return in cash totals $293,374.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,384/mo property income versus a $3,084/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1993
2 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33602, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,647 (100%) |
| Owner Occupied HU | 3,492 (22.3%) |
| Renter Occupied HU | 10,231 (65.4%) |
| Vacant Housing Units | 1,924 (12.3%) |
| Median Home Value | $593,952 |
| Average Home Value | $658,703 |
Housing Distribution
Address Breakdown
Residential
13,371
Single Family
2,617
Multi-Family
10,754
Businesses
1,390
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