Sandglass Reverse Plan, Marina PointeTampaFL33611
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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 Sandglass Reverse Plan, Marina Pointe, Tampa, FL, 33611 offers $12,839/mo rent that, after a $8,257/mo payment, leaves $1,644/mo cash flow. Total monthly income is $12,839/mo, and annual cash flow is $19,727/yr on $546,575 cash. Return on cash invested measures 23.98% in year one, and rental yield stands at 9.13% at a $1,686,960 entry. Equity gained on principal adds $10,886/yr while 5% annual appreciation compounds into $466,076 by year five. Five-year ROI records 125.16% and total cumulative return in cash reaches $684,113. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $12,839/mo property income versus a $8,257/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33611, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,628 (100%) |
| Owner Occupied HU | 9,922 (53.3%) |
| Renter Occupied HU | 7,441 (39.9%) |
| Vacant Housing Units | 1,265 ( 6.8%) |
| Median Home Value | $577,936 |
| Average Home Value | $668,621 |
Housing Distribution
Address Breakdown
Residential
17,453
Single Family
11,270
Multi-Family
6,183
Businesses
684
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