36736 Melstone WayZephyrhillsFL33541
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Zephyrhills rental at 36736 Melstone Way, Zephyrhills, FL, 33541 sits in the solid-income band: 8.64% gross yield, $4,110/mo rent, $246/mo net after the $2,568/mo debt service, DSCR 1.60. Entry price of $571,140 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $157,795 and $5,260/yr in principal reduction bring total cumulative return to $238,307.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 7.5% |
| Monthly Cash Flow | $246 | $300 |
City averages based on Zephyrhills market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,110 |
| Total Monthly Debt Service | $3,563 |
| DSCR Ratio | 1.15x |
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 2025
7,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33541, Zephyrhills, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,243 (100%) |
| Owner Occupied HU | 10,776 (66.3%) |
| Renter Occupied HU | 2,083 (12.8%) |
| Vacant Housing Units | 3,384 (20.8%) |
| Median Home Value | $242,315 |
| Average Home Value | $271,459 |
Housing Distribution
Address Breakdown
Residential
13,965
Single Family
10,880
Multi-Family
3,085
Businesses
369
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 2025
7,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33541, Zephyrhills, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,243 (100%) |
| Owner Occupied HU | 10,776 (66.3%) |
| Renter Occupied HU | 2,083 (12.8%) |
| Vacant Housing Units | 3,384 (20.8%) |
| Median Home Value | $242,315 |
| Average Home Value | $271,459 |
Housing Distribution
Address Breakdown
Residential
13,965
Single Family
10,880
Multi-Family
3,085
Businesses
369
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bryan Sumner • MERITAGE HOMES OF FL REALTY
Mls Name: Stellar MLS
Mls ID: #O6377591