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$438,000

For Sale - Active
1716 Westerly Dr, Brandon, FL 33511
4 Beds
2 Baths
1,914 Square Feet
0.16 Acres Lot
Built in 1993
For Sale - Active
1 Units
Checked: 17 hours ago
Updated: Jul 17, 2025 at 07:08AM

Investment Summary


Monthly Cash Flow
-$821
Cap Rate
3.9%
Cash-on-Cash Return
-9.8%
Debt Coverage Ratio
0.63
Internal Rate of Return (5 years)
-5.5%

Property Description


0.16 Acres Lot
Built in 1993
For Sale - Active
1 Units

****PRICE REDUCED ****Owner Financing*****Welcome to this charming 4-bedroom, 2-bathroom home offering 1,914 sqft of comfort and style in a peaceful Brandon neighborhood. Enjoy an open floor plan with high ceilings and hard surface flooring throughout. The kitchen features granite countertops, stainless steel appliances, ample cabinet space, and a breakfast bar that overlooks the spacious family room—perfect for gatherings. The private primary suite includes an en-suite bath, while three additional bedrooms share a full bathroom. Step outside to your fully fenced backyard oasis with a sparkling pool—ideal for relaxing, entertaining, and enjoying Florida’s sunny weather. Conveniently located near shopping, dining, and major roadways, this move-in-ready home combines practicality and charm. Don’t miss your chance to own a beautiful retreat in a vibrant community!

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Location


Property Details


Parking

  • Description: Driveway, Garage Door Opener, Ground Level
  • Details: Driveway, Garage Door Opener, Attached
  • Garage Spaces: 2
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 4

Bathroom Information

  • # of Baths (Full): 2
  • # of Baths (Total): 2.0

Interior Features

  • # of Rooms: 3
  • # of Stories: 1
  • Fireplace: Yes

Exterior Features

  • Exterior Walls Materials: Stucco
  • Foundation: Slab
  • Roof Type: Gable or Hip
  • Roof Material: Shingle
  • Pool: Yes

HOA

  • Has HOA: Yes
  • Association: Castle Group
  • HOA Fee: $38/monthly

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: U3329202IZF00000000200
  • Lot Size: 6771 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Contemporary
  • Year Built: 1993

Tax Information

  • Annual Tax: $5,641

Utilities

  • Water & Sewer: Public
  • Heating: Central
  • Cooling: Central Air

Location

  • County: Hillsborough

Listing Details


Listed by:
Olga Ray
A2Z REALTY GROUP
(407) 404-2133

Source:
Stellar MLS
MLS#: O6318964
Stellar MLS

Investment Summary


Monthly Cash Flow
-$821
Cap Rate
3.9%
Cash-on-Cash Return
-9.8%
Debt Coverage Ratio
0.63
Internal Rate of Return (5 years)
-5.5%

Purchase Details

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Purchase price:
$438,000
Amount financed:
-$350,400
Down payment:
$87,600
Closing costs:
$13,140
Rehab costs:
$0
Initial cash invested:
$100,740
Square feet:
1,914
Cost per square foot:
$229
Monthly rent per square foot:
$1.46

Financing Details

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Loan amount:
$350,400
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.625%
Principal & interest:
$2,244
Property tax:
$470
Insurance:
$196
Private mortgage insurance (PMI):
$0
Monthly payment:
$2,910

Operating Income

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% Rent Monthly Yearly
Gross rent:
$2,800 $33,600
Vacancy loss: (6%)
6% -$168 -$2,016
Operating income:
$2,632 $31,584

Operating Expenses


% Rent Monthly Yearly
Property taxes: (17%)
17%-$470-$5,642
Insurance: (7%)
7%-$196-$2,352
Property management: (8%)
8%-$224-$2,688
Repairs & maintenance: (5%)
5%-$140-$1,680
Capital expenditures: (5%)
5%-$140-$1,680
HOA fees: (1%)
1%-$39-$468
Total operating expenses: (43%)
43%-$1,209-$14,510

Cash Flow


Monthly Yearly
Net operating income:
$1,423 $17,076
Mortgage payments:
-$2,244 -$26,928
Cash flow:
$821 $9,852