13509 Palmwood LnTampaFL33618
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowTight but positive: 13509 Palmwood Ln, Tampa, FL, 33618 in Tampa at $228,500 earns $2,234/mo in rent and nets $167/mo after the $1,027/mo payment, a 11.73% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $63,130 over five years. Ziffy Mortgage underwrites this on a 2.18 DSCR without U.S. credit history. With $2,105/yr in principal paydown, total projected return reaches $100,233.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.7% | 3.0% |
| Monthly Cash Flow | $167 | $350 |
City averages based on Tampa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,234 |
| Total Monthly Debt Service | $1,977 |
| DSCR Ratio | 1.13x |
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
1,526 sqft lot
$N/A/sqft
$476 monthly 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
1,526 sqft lot
$N/A/sqft
$476 monthly 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
Listed by: Melissa Hileman • CENTURY 21 BILL NYE REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8409857
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