1611 E 5th Ave APT 1TampaFL33605
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeCapital preservation and steady income define 1611 E 5th Ave APT 1, Tampa, FL, 33605 in Tampa. Rental yield 8.01%. The 1.48 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $161,597 and $5,387/yr in principal reduction project total return of $178,146.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 3.0% |
| Monthly Cash Flow | $(749) | $350 |
City averages based on Tampa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,904 |
| Total Monthly Debt Service | $4,420 |
| DSCR Ratio | 0.88x |
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 2005
2 sqft lot
$N/A/sqft
$570 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33605, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,631 (100%) |
| Owner Occupied HU | 2,965 (34.4%) |
| Renter Occupied HU | 4,781 (55.4%) |
| Vacant Housing Units | 885 (10.3%) |
| Median Home Value | $264,721 |
| Average Home Value | $325,034 |
Housing Distribution
Address Breakdown
Residential
7,655
Single Family
5,702
Multi-Family
1,953
Businesses
1,148
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 2005
2 sqft lot
$N/A/sqft
$570 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33605, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,631 (100%) |
| Owner Occupied HU | 2,965 (34.4%) |
| Renter Occupied HU | 4,781 (55.4%) |
| Vacant Housing Units | 885 (10.3%) |
| Median Home Value | $264,721 |
| Average Home Value | $325,034 |
Housing Distribution
Address Breakdown
Residential
7,655
Single Family
5,702
Multi-Family
1,953
Businesses
1,148
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices