8604 Miramar Terrace CirTemple 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 8604 Miramar Terrace Cir, Temple Terrace, FL, 33637 uses $115,992 cash to close to unlock $5,659/yr annual cash flow and $472/mo monthly cash flow. Total monthly income runs $2,794/mo, and a $1,713/mo payment keeps the spread at $472/mo. Purchase price stands at $349,900, and rental yield measures 9.58% with $2,794/mo rent. Return on cash invested shows 24.79% in year one, and 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 129.6% and total cumulative return in cash records $150,330. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,794/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Townhouse
Built in 2007
2,075 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: Bruce Holland III • REAL BROKER, LLC
Mls Name: Stellar MLS
Mls ID: #TB8451709