308 S Bungalow Park Ave UNIT BTampaFL33609
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingCapital preservation and steady income define 308 S Bungalow Park Ave UNIT B, Tampa, FL, 33609 in Tampa. Rental yield 6.73%. The 1.35 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $109,877 and $3,663/yr in principal reduction project total return of $109,702.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.7% | 3.0% |
| Monthly Cash Flow | $(1,022) | $350 |
City averages based on Tampa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,411 |
| Total Monthly Debt Service | $2,935 |
| DSCR Ratio | 0.82x |
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.
Townhouse
Built in 1985
435 sqft lot
$N/A/sqft
$250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33609, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,835 (100%) |
| Owner Occupied HU | 5,516 (56.1%) |
| Renter Occupied HU | 3,587 (36.5%) |
| Vacant Housing Units | 732 ( 7.4%) |
| Median Home Value | $636,457 |
| Average Home Value | $785,260 |
Housing Distribution
Address Breakdown
Residential
8,712
Single Family
6,085
Multi-Family
2,627
Businesses
1,410
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
Townhouse
Built in 1985
435 sqft lot
$N/A/sqft
$250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33609, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,835 (100%) |
| Owner Occupied HU | 5,516 (56.1%) |
| Renter Occupied HU | 3,587 (36.5%) |
| Vacant Housing Units | 732 ( 7.4%) |
| Median Home Value | $636,457 |
| Average Home Value | $785,260 |
Housing Distribution
Address Breakdown
Residential
8,712
Single Family
6,085
Multi-Family
2,627
Businesses
1,410
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices