3109 N Ola AveTampaFL33603
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 3109 N Ola Ave, Tampa, FL, 33603 in Tampa is capital appreciation. Rental yield 3.83%. The 3.83% gross yield at $775,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $214,118 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.71) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $123,534.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.8% | 3.0% |
| Monthly Cash Flow | $(2,671) | $350 |
City averages based on Tampa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,472 |
| Total Monthly Debt Service | $4,835 |
| DSCR Ratio | 0.51x |
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.
Multi Family
Built in 1945
6,050 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33603, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,070 (100%) |
| Owner Occupied HU | 5,119 (56.4%) |
| Renter Occupied HU | 3,123 (34.4%) |
| Vacant Housing Units | 828 ( 9.1%) |
| Median Home Value | $440,706 |
| Average Home Value | $513,094 |
Housing Distribution
Address Breakdown
Residential
8,335
Single Family
6,885
Multi-Family
1,450
Businesses
625
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
Multi Family
Built in 1945
6,050 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33603, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,070 (100%) |
| Owner Occupied HU | 5,119 (56.4%) |
| Renter Occupied HU | 3,123 (34.4%) |
| Vacant Housing Units | 828 ( 9.1%) |
| Median Home Value | $440,706 |
| Average Home Value | $513,094 |
Housing Distribution
Address Breakdown
Residential
8,335
Single Family
6,885
Multi-Family
1,450
Businesses
625
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices