13402 Pine Lake Way APT 202BTampaFL33618
INVESTMENT ANALYSIS
Investment Verdict
Solid Income13402 Pine Lake Way APT 202B, Tampa, FL, 33618 in Tampa carries a 1.56 coverage ratio, rent of $1,648/mo is 1.56 times the $1,057/mo payment. Rental yield 8.41%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $235,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $64,926; total projected cumulative return: $95,252.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 3.0% |
| Monthly Cash Flow | $(670) | $350 |
City averages based on Tampa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,648 |
| Total Monthly Debt Service | $1,466 |
| DSCR Ratio | 1.12x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1973
720 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33618, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,927 (100%) |
| Owner Occupied HU | 8,047 (67.5%) |
| Renter Occupied HU | 3,357 (28.1%) |
| Vacant Housing Units | 523 ( 4.4%) |
| Median Home Value | $536,719 |
| Average Home Value | $594,964 |
Housing Distribution
Address Breakdown
Residential
12,019
Single Family
7,839
Multi-Family
4,180
Businesses
1,131
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 1973
720 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33618, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,927 (100%) |
| Owner Occupied HU | 8,047 (67.5%) |
| Renter Occupied HU | 3,357 (28.1%) |
| Vacant Housing Units | 523 ( 4.4%) |
| Median Home Value | $536,719 |
| Average Home Value | $594,964 |
Housing Distribution
Address Breakdown
Residential
12,019
Single Family
7,839
Multi-Family
4,180
Businesses
1,131
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices