303 E Wellington Ct #59TampaFL33604
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeFinancing efficiency matters for international buyers, and 303 E Wellington Ct #59, Tampa, FL, 33604 in Tampa offers it: the 1.70 DSCR gives Ziffy Mortgage's underwriting team an unusually clean file, no U.S. credit, no personal income required. Rental yield 9.16%. Long-term, 5% appreciation is forecast to add $28,181, and $939/yr in principal paydown compounds equity steadily. Projected five-year cumulative return: $17,738.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 3.0% |
| Monthly Cash Flow | $(356) | $350 |
City averages based on Tampa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $779 |
| Total Monthly Debt Service | $1,098 |
| DSCR Ratio | 0.71x |
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 1980
2 sqft lot
$N/A/sqft
$434 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33604, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,354 (100%) |
| Owner Occupied HU | 8,670 (53.0%) |
| Renter Occupied HU | 6,607 (40.4%) |
| Vacant Housing Units | 1,077 ( 6.6%) |
| Median Home Value | $355,987 |
| Average Home Value | $424,857 |
Housing Distribution
Address Breakdown
Residential
15,831
Single Family
13,156
Multi-Family
2,675
Businesses
1,067
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 1980
2 sqft lot
$N/A/sqft
$434 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33604, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,354 (100%) |
| Owner Occupied HU | 8,670 (53.0%) |
| Renter Occupied HU | 6,607 (40.4%) |
| Vacant Housing Units | 1,077 ( 6.6%) |
| Median Home Value | $355,987 |
| Average Home Value | $424,857 |
Housing Distribution
Address Breakdown
Residential
15,831
Single Family
13,156
Multi-Family
2,675
Businesses
1,067
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Yolanda Banner • LPT REALTY, LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #T3470950
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511