8920 N Newport AveTampaFL33604
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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
Rental property for sale in Tampa at 8920 N Newport Ave, Tampa, FL, 33604 priced at $565,000 pairs $4,328/mo rent with $579/mo cash flow after a $2,765/mo payment. Total monthly income equals $4,328/mo, and annual cash flow comes to $6,948/yr on $185,885 invested. Return on cash invested is 23.8% in year one, and rental yield stands at 9.19% on a $565,000 basis. Equity gained on principal adds $3,646/yr, and 5% annual appreciation accumulates to $156,099 by year five. Five-year ROI measures 124.24% and total cumulative return in cash reaches $230,943. For financing, Ziffy Mortgage’s DSCR program evaluates $4,328/mo property income against a $2,765/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2023
6,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33604, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,354 (100%) |
| Owner Occupied HU | 8,670 (53.0%) |
| Renter Occupied HU | 6,607 (40.4%) |
| Vacant Housing Units | 1,077 ( 6.6%) |
| Median Home Value | $355,987 |
| Average Home Value | $424,857 |
Housing Distribution
Address Breakdown
Residential
15,831
Single Family
13,156
Multi-Family
2,675
Businesses
1,067
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