8602 Champlain Ct UNIT 87TampaFL33614
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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 8602 Champlain Ct UNIT 87, Tampa, FL, 33614 uses $38,123 cash to close to unlock $1,485/yr annual cash flow and $124/mo monthly cash flow. Total monthly income runs $887/mo, and a $563/mo payment keeps the spread at $124/mo. Purchase price stands at $115,000, and rental yield measures 9.26% with $887/mo rent. Return on cash invested shows 23.8% in year one, and 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 124.33% and total cumulative return in cash records $47,397. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $887/mo property income covering a $563/mo payment rather than investor’s personal income.
Condo
Built in 1973
251 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33614, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,597 (100%) |
| Owner Occupied HU | 8,137 (39.5%) |
| Renter Occupied HU | 11,692 (56.8%) |
| Vacant Housing Units | 768 ( 3.7%) |
| Median Home Value | $347,844 |
| Average Home Value | $437,356 |
Housing Distribution
Address Breakdown
Residential
19,732
Single Family
11,213
Multi-Family
8,519
Businesses
1,793
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