2207 S Carolina Ave UNIT 7TampaFL33629
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowAt $230,500, 2207 S Carolina Ave UNIT 7, Tampa, FL, 33629 in Tampa generates $2,233/mo in rent (11.63% yield) but nets only $9/mo after debt service. The spread is thin, manageable for investors comfortable with low-margin holds who are buying into the 5% annual appreciation thesis. Ziffy Mortgage's DSCR loan (2.16) allows non-U.S. residents to acquire without personal income checks. A larger down payment reduces the monthly debt load and widens the margin. Five-year appreciation: $63,683. Total projected return: $91,518.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.6% | 3.0% |
| Monthly Cash Flow | $9 | $350 |
City averages based on Tampa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,233 |
| Total Monthly Debt Service | $2,132 |
| DSCR Ratio | 1.05x |
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 1981
4 sqft lot
$N/A/sqft
$557 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33629, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,434 (100%) |
| Owner Occupied HU | 8,662 (75.8%) |
| Renter Occupied HU | 2,135 (18.7%) |
| Vacant Housing Units | 637 ( 5.6%) |
| Median Home Value | $779,309 |
| Average Home Value | $920,042 |
Housing Distribution
Address Breakdown
Residential
10,922
Single Family
9,045
Multi-Family
1,877
Businesses
867
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 1981
4 sqft lot
$N/A/sqft
$557 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33629, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,434 (100%) |
| Owner Occupied HU | 8,662 (75.8%) |
| Renter Occupied HU | 2,135 (18.7%) |
| Vacant Housing Units | 637 ( 5.6%) |
| Median Home Value | $779,309 |
| Average Home Value | $920,042 |
Housing Distribution
Address Breakdown
Residential
10,922
Single Family
9,045
Multi-Family
1,877
Businesses
867
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Candace Evans • SMITH & ASSOCIATES REAL ESTATE
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8382542
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