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FOR_SALERisky Deal2 days on market

1609 E Lake Ave

1609 E Lake Ave, Tampa, FL 33610, Tampa, FL 33610
$270,000

Listing Price

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1609 E Lake Ave, Tampa, FL 33610
Loc: Tampa, FL
Days Listed
2
Lot Size
4,792 sqft
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools
Haven Underwritten Market·Prime (>= 1.25x)

Tampa, FL Investment Analysis (2026)

Cap Rate Range: 5.8% - 6.9% · Median Rent: $2,600/mo · Effective Tax: 0.91%

Open Tampa Market Underwrite

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
5.75%
Total ROI
83.7%
Cash Flow
$-108/mo
DSCR
0.92
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10-Year Price Projection

Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
2
Baths
1
Sq Ft
1,152
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $270,000Rent Basis: Modeled Estimate ($2,160/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $150/mo
Haven ScoreRisky
2/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
5.75%

NOI: $15,512/yr

Cash-on-Cash Yield
-2.1%

On $62,100 invested

DSCR Ratio
0.92x

Negative debt coverage

5-Yr Leveraged ROI
+83.7%

Equity + cumulative cash

Financing Scenario Controls
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Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.98% of basis)-$221/mo
Homeowner / Hazard Insurance-$150/mo
Vacancy Reserve (5% of rent)-$108/mo
Repairs & Maintenance (10% of rent)-$216/mo
Property Management (8% of rent)-$173/mo
Total Pure Operating Expenses-$867/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,160/mo
Less: Operating Expenses-$867/mo
Net Operating Income (NOI)+$1,293/mo
Less: Debt Service (30yr @ 6.75%)-$1,401/mo
Net Cash Flow
$-108/mo
$-1,299/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:
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Loan qualification
Rental Cash Flow
6-month reserves
Leveraged ROI
10-year compounding
Deal Scorecard
1% Rule test
Pure NOI
Operating ratios

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1609 E Lake Ave | Tampa, FL | Haven AI Analysis | Haven by ScoutHavens