5124 Springwood DrTampaFL33624
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeAt 1.51, 5124 Springwood Dr, Tampa, FL, 33624 in Tampa sits at the top of Ziffy Mortgage's DSCR coverage band, a significant advantage for non-U.S. buyers closing without domestic income documentation. Rental yield 8.14%. The 8.14% yield is backed by 5% annual appreciation projecting $125,680 in value gain, plus $4,190/yr in principal reduction. Total projected cumulative return: $177,685.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 3.0% |
| Monthly Cash Flow | $(11) | $350 |
City averages based on Tampa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,086 |
| Total Monthly Debt Service | $2,838 |
| DSCR Ratio | 1.09x |
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 1982
3,600 sqft 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
Single Family
Built in 1982
3,600 sqft 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