3106 E 23rd AveTampaFL33605
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 3106 E 23rd Ave, Tampa, FL, 33605 in Tampa is narrow, $92/mo net on $2,076/mo rent after the $1,344/mo debt service, but the property operates at break-even-plus, not a loss. At $299,000 with a 8.33% yield, the long-run equity case via 5% appreciation ($82,608 over five years) and $2,754/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.54 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $119,940.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 3.0% |
| Monthly Cash Flow | $92 | $350 |
City averages based on Tampa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,076 |
| Total Monthly Debt Service | $1,865 |
| DSCR Ratio | 1.11x |
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.
Single Family
Built in 1925
4,750 sqft lot
$N/A/sqft
No 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
Single Family
Built in 1925
4,750 sqft lot
$N/A/sqft
No 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