3303 Cummings PlPlant CityFL33566
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 8.34% yield at 3303 Cummings Pl, Plant City, FL, 33566 in Plant City is solid, but the $2,428/mo payment compresses net cash flow to $101/mo at $539,900. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $149,164 by year five, and $4,973/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.55) without U.S. income documentation. Total projected return: $216,649.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 7.5% |
| Monthly Cash Flow | $101 | $300 |
City averages based on Plant City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,752 |
| Total Monthly Debt Service | $3,368 |
| 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 1996
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33566, Plant City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,420 (100%) |
| Owner Occupied HU | 5,670 (67.3%) |
| Renter Occupied HU | 2,275 (27.0%) |
| Vacant Housing Units | 475 ( 5.6%) |
| Median Home Value | $401,425 |
| Average Home Value | $421,644 |
Housing Distribution
Address Breakdown
Residential
8,092
Single Family
7,384
Multi-Family
708
Businesses
388
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 1996
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33566, Plant City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,420 (100%) |
| Owner Occupied HU | 5,670 (67.3%) |
| Renter Occupied HU | 2,275 (27.0%) |
| Vacant Housing Units | 475 ( 5.6%) |
| Median Home Value | $401,425 |
| Average Home Value | $421,644 |
Housing Distribution
Address Breakdown
Residential
8,092
Single Family
7,384
Multi-Family
708
Businesses
388
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shelton Keely • SK REALTY
Mls Name: Stellar MLS
Mls ID: #TB8479464