4169 Saltwater BlvdRocky PointFL33615
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 4169 Saltwater Blvd, Rocky Point, FL, 33615 in Rocky Point. Rental yield 4.51%. At $1,945,000 with 4.51% gross yield, current distributions are modest, but the 5% appreciation rate projects $537,368 in new equity by year five, complemented by $17,914/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.84) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $381,419.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.5% | 8.0% |
| Monthly Cash Flow | $(5,592) | $500 |
City averages based on Rocky Point market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $7,315 |
| Total Monthly Debt Service | $12,133 |
| DSCR Ratio | 0.60x |
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 1983
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33615, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,739 (100%) |
| Owner Occupied HU | 10,818 (54.8%) |
| Renter Occupied HU | 7,928 (40.2%) |
| Vacant Housing Units | 993 ( 5.0%) |
| Median Home Value | $356,638 |
| Average Home Value | $412,317 |
Housing Distribution
Address Breakdown
Residential
19,377
Single Family
14,056
Multi-Family
5,321
Businesses
693
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 1983
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33615, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,739 (100%) |
| Owner Occupied HU | 10,818 (54.8%) |
| Renter Occupied HU | 7,928 (40.2%) |
| Vacant Housing Units | 993 ( 5.0%) |
| Median Home Value | $356,638 |
| Average Home Value | $412,317 |
Housing Distribution
Address Breakdown
Residential
19,377
Single Family
14,056
Multi-Family
5,321
Businesses
693
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Debra Robbins • PRG REALTY LLC
Mls Name: Stellar MLS
Mls ID: #TB8439164