2040 Sifield Greens Way #24Sun City CenterFL33573
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeAt 1.59, 2040 Sifield Greens Way #24, Sun City Center, FL, 33573 in Sun City Center sits at the top of Ziffy Mortgage's DSCR coverage band, a significant advantage for non-U.S. buyers closing without domestic income documentation. Rental yield 8.57%. The 8.57% yield is backed by 5% annual appreciation projecting $63,545 in value gain, plus $2,118/yr in principal reduction. Total projected cumulative return: $51,658.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 6.0% |
| Monthly Cash Flow | $(609) | $1,500 |
City averages based on Sun City Center market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,643 |
| Total Monthly Debt Service | $2,161 |
| DSCR Ratio | 0.76x |
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 2006
2,399 sqft lot
$N/A/sqft
$726 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33573, Sun City Center, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,732 (100%) |
| Owner Occupied HU | 14,125 (71.6%) |
| Renter Occupied HU | 3,322 (16.8%) |
| Vacant Housing Units | 2,285 (11.6%) |
| Median Home Value | $359,854 |
| Average Home Value | $400,076 |
Housing Distribution
Address Breakdown
Residential
19,129
Single Family
16,660
Multi-Family
2,469
Businesses
322
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 2006
2,399 sqft lot
$N/A/sqft
$726 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33573, Sun City Center, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,732 (100%) |
| Owner Occupied HU | 14,125 (71.6%) |
| Renter Occupied HU | 3,322 (16.8%) |
| Vacant Housing Units | 2,285 (11.6%) |
| Median Home Value | $359,854 |
| Average Home Value | $400,076 |
Housing Distribution
Address Breakdown
Residential
19,129
Single Family
16,660
Multi-Family
2,469
Businesses
322
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John Hoffman • KELLER WILLIAMS RLTY NEW TAMPA
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8425558
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