Watersound 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
Investment property for sale in Tampa at Watersound Reverse Plan, Marina Pointe, Tampa, FL, 33611 uses $634,962 cash to close to unlock $1,641/yr annual cash flow and $137/mo monthly cash flow. Total monthly income runs $13,142/mo, and a $9,592/mo payment keeps the spread at $137/mo. Purchase price stands at $1,959,760, and rental yield measures 8.05% with $13,142/mo rent. Return on cash invested shows 20.63% in year one, and 5% annual appreciation builds toward $541,446 over five years. Five-year ROI reaches 107.2% and total cumulative return in cash records $680,673. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $13,142/mo property income covering a $9,592/mo payment rather than investor’s personal income.
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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