4418 W Melrose AveTampaFL33629
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 4418 W Melrose Ave, Tampa, FL, 33629 in Tampa speaks for itself: 13.07% gross on a $684,100 price, generating $7,452/mo in rent and $2,912/mo in net income after the $3,076/mo debt service. DSCR 2.42, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $34,946 stacks alongside $189,004 in projected five-year appreciation and $6,301/yr in principal reduction. Projected total cumulative return: $448,153.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.1% | 3.0% |
| Monthly Cash Flow | $2,912 | $350 |
City averages based on Tampa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $7,452 |
| Total Monthly Debt Service | $4,268 |
| DSCR Ratio | 1.75x |
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 1957
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33629, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,434 (100%) |
| Owner Occupied HU | 8,662 (75.8%) |
| Renter Occupied HU | 2,135 (18.7%) |
| Vacant Housing Units | 637 ( 5.6%) |
| Median Home Value | $779,309 |
| Average Home Value | $920,042 |
Housing Distribution
Address Breakdown
Residential
10,922
Single Family
9,045
Multi-Family
1,877
Businesses
867
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 1957
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33629, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,434 (100%) |
| Owner Occupied HU | 8,662 (75.8%) |
| Renter Occupied HU | 2,135 (18.7%) |
| Vacant Housing Units | 637 ( 5.6%) |
| Median Home Value | $779,309 |
| Average Home Value | $920,042 |
Housing Distribution
Address Breakdown
Residential
10,922
Single Family
9,045
Multi-Family
1,877
Businesses
867
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices