940 S Sterling AveTampaFL33629
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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 940 S Sterling Ave, Tampa, FL, 33629 uses $322,288 cash to close to unlock $2,206/yr annual cash flow and $184/mo monthly cash flow. Total monthly income runs $6,685/mo, and a $4,795/mo payment keeps the spread at $184/mo. Purchase price stands at $979,600, and rental yield measures 8.19% with $6,685/mo rent. Return on cash invested shows 20.74% in year one, and 5% annual appreciation builds toward $270,645 over five years. Five-year ROI reaches 107.88% and total cumulative return in cash records $347,671. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,685/mo property income covering a $4,795/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33629, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,434 (100%) |
| Owner Occupied HU | 8,662 (75.8%) |
| Renter Occupied HU | 2,135 (18.7%) |
| Vacant Housing Units | 637 ( 5.6%) |
| Median Home Value | $779,309 |
| Average Home Value | $920,042 |
Housing Distribution
Address Breakdown
Residential
10,922
Single Family
9,045
Multi-Family
1,877
Businesses
867
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