12413 Oak Cedar Pl APT 202TampaFL33612
INVESTMENT ANALYSIS
Investment Verdict
Solid Income12413 Oak Cedar Pl APT 202, Tampa, FL, 33612 in Tampa is a stable, well-positioned rental at $139,000. Rental yield 9.46%. DSCR 1.45 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $38,403 in value and $1,280/yr in principal paydown builds equity, a total projected return of $33,512.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 3.0% |
| Monthly Cash Flow | $(342) | $350 |
City averages based on Tampa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $906 |
| Total Monthly Debt Service | $1,174 |
| DSCR Ratio | 0.77x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1975
848 sqft lot
$N/A/sqft
$261 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33612, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,160 (100%) |
| Owner Occupied HU | 7,168 (33.9%) |
| Renter Occupied HU | 11,906 (56.3%) |
| Vacant Housing Units | 2,086 ( 9.9%) |
| Median Home Value | $312,733 |
| Average Home Value | $367,372 |
Housing Distribution
Address Breakdown
Residential
18,648
Single Family
13,826
Multi-Family
4,822
Businesses
1,673
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1975
848 sqft lot
$N/A/sqft
$261 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33612, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,160 (100%) |
| Owner Occupied HU | 7,168 (33.9%) |
| Renter Occupied HU | 11,906 (56.3%) |
| Vacant Housing Units | 2,086 ( 9.9%) |
| Median Home Value | $312,733 |
| Average Home Value | $367,372 |
Housing Distribution
Address Breakdown
Residential
18,648
Single Family
13,826
Multi-Family
4,822
Businesses
1,673
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices