4910 W McElroy Ave #6TampaFL33611
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 4910 W McElroy Ave #6, Tampa, FL, 33611 in Tampa. At $720,000 it earns $5,536/mo in rent and distributes $408/mo to the owner after the $3,238/mo payment, a consistent 9.23% yield. DSCR 1.71 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $198,923 in value; $6,631/yr in principal paydown compounds ownership stake. Total projected return: $323,153.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 3.0% |
| Monthly Cash Flow | $408 | $350 |
City averages based on Tampa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,536 |
| Total Monthly Debt Service | $4,492 |
| DSCR Ratio | 1.23x |
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.
Condo
Built in 2020
871 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
Condo
Built in 2020
871 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