3712 W Elrod AveTampaFL33611
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 3712 W Elrod Ave, Tampa, FL, 33611 in Tampa worth study. Rental yield 2.17%. The 2.17% gross yield is below cash-flow benchmarks at $1,149,000, but 5% annual appreciation, adding $317,448 over five years, frames this as a capital growth position. Rent of $2,081/mo partially offsets the $5,167/mo payment. Ziffy Mortgage finances appreciation-play properties (0.40 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $81,130.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.2% | 3.0% |
| Monthly Cash Flow | $(5,544) | $350 |
City averages based on Tampa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,081 |
| Total Monthly Debt Service | $7,168 |
| DSCR Ratio | 0.29x |
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.
Single Family
Built in 2025
6,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33611, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,628 (100%) |
| Owner Occupied HU | 9,922 (53.3%) |
| Renter Occupied HU | 7,441 (39.9%) |
| Vacant Housing Units | 1,265 ( 6.8%) |
| Median Home Value | $577,936 |
| Average Home Value | $668,621 |
Housing Distribution
Address Breakdown
Residential
17,453
Single Family
11,270
Multi-Family
6,183
Businesses
684
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
6,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33611, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,628 (100%) |
| Owner Occupied HU | 9,922 (53.3%) |
| Renter Occupied HU | 7,441 (39.9%) |
| Vacant Housing Units | 1,265 ( 6.8%) |
| Median Home Value | $577,936 |
| Average Home Value | $668,621 |
Housing Distribution
Address Breakdown
Residential
17,453
Single Family
11,270
Multi-Family
6,183
Businesses
684
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices