5117 Carey RdTampaFL33624
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 5117 Carey Rd, Tampa, FL, 33624 in Tampa. Rental yield 2.8%. At $999,999 with 2.8% gross yield, current distributions are modest, but the 5% appreciation rate projects $276,281 in new equity by year five, complemented by $9,210/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.52) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $103,974.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.8% | 3.0% |
| Monthly Cash Flow | $(4,307) | $350 |
City averages based on Tampa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,329 |
| Total Monthly Debt Service | $6,238 |
| DSCR Ratio | 0.37x |
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.
Manufactured
Built in 1966
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33624, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,603 (100%) |
| Owner Occupied HU | 11,095 (66.8%) |
| Renter Occupied HU | 5,051 (30.4%) |
| Vacant Housing Units | 457 ( 2.8%) |
| Median Home Value | $433,467 |
| Average Home Value | $483,831 |
Housing Distribution
Address Breakdown
Residential
16,420
Single Family
13,026
Multi-Family
3,394
Businesses
588
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
Manufactured
Built in 1966
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33624, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,603 (100%) |
| Owner Occupied HU | 11,095 (66.8%) |
| Renter Occupied HU | 5,051 (30.4%) |
| Vacant Housing Units | 457 ( 2.8%) |
| Median Home Value | $433,467 |
| Average Home Value | $483,831 |
Housing Distribution
Address Breakdown
Residential
16,420
Single Family
13,026
Multi-Family
3,394
Businesses
588
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices