8961 Iron Oak AveTampaFL33647
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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 8961 Iron Oak Ave, Tampa, FL, 33647 offers a 10.68% rental yield on a $270,000 purchase with $2,404/mo rent. Total monthly income registers $2,404/mo, and a $1,322/mo payment leaves $612/mo available for distribution. Annual cash flow reaches $7,341/yr on $89,505 to close, and return on cash invested stands at 28.11% in year one. Equity gained on principal adds $1,742/yr while 5% annual appreciation supports $74,596 over five years. Portfolio math shows five-year ROI at 147.41% and total cumulative return in cash at $131,941. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,404/mo property income against a $1,322/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2004
2,944 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33647, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,242 (100%) |
| Owner Occupied HU | 16,184 (57.3%) |
| Renter Occupied HU | 10,826 (38.3%) |
| Vacant Housing Units | 1,232 ( 4.4%) |
| Median Home Value | $488,826 |
| Average Home Value | $549,305 |
Housing Distribution
Address Breakdown
Residential
27,674
Single Family
17,689
Multi-Family
9,985
Businesses
695
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