8511 Edgewater Place BlvdTampaFL33615
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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 8511 Edgewater Place Blvd, Tampa, FL, 33615 offers a 10.15% rental yield on a $360,000 purchase with $3,046/mo rent. Total monthly income registers $3,046/mo, and a $1,762/mo payment leaves $657/mo available for distribution. Annual cash flow reaches $7,884/yr on $119,340 to close, and return on cash invested stands at 26.52% in year one. Equity gained on principal adds $2,323/yr while 5% annual appreciation supports $99,461 over five years. Portfolio math shows five-year ROI at 138.84% and total cumulative return in cash at $165,693. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,046/mo property income against a $1,762/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2002
1,237 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33615, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,739 (100%) |
| Owner Occupied HU | 10,818 (54.8%) |
| Renter Occupied HU | 7,928 (40.2%) |
| Vacant Housing Units | 993 ( 5.0%) |
| Median Home Value | $356,638 |
| Average Home Value | $412,317 |
Housing Distribution
Address Breakdown
Residential
19,377
Single Family
14,056
Multi-Family
5,321
Businesses
693
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