6113 N Falkenburg RdTampaFL33610
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 6113 N Falkenburg Rd, Tampa, FL, 33610 in Tampa deserves attention. This $197,500 property earns $2,576/mo in rent, a 15.65% gross yield, and nets $1,266/mo after the $888/mo payment. DSCR 2.90 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $54,566 compounds alongside $1,819/yr in yearly equity build, for a total cumulative return of $156,750.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15.7% | 3.0% |
| Monthly Cash Flow | $1,266 | $350 |
City averages based on Tampa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,576 |
| Total Monthly Debt Service | $1,232 |
| DSCR Ratio | 2.09x |
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.
Manufactured
Built in 2004
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33610, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,150 (100%) |
| Owner Occupied HU | 8,259 (45.5%) |
| Renter Occupied HU | 8,914 (49.1%) |
| Vacant Housing Units | 977 ( 5.4%) |
| Median Home Value | $232,567 |
| Average Home Value | $300,910 |
Housing Distribution
Address Breakdown
Residential
17,295
Single Family
13,161
Multi-Family
4,134
Businesses
1,735
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 2004
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33610, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,150 (100%) |
| Owner Occupied HU | 8,259 (45.5%) |
| Renter Occupied HU | 8,914 (49.1%) |
| Vacant Housing Units | 977 ( 5.4%) |
| Median Home Value | $232,567 |
| Average Home Value | $300,910 |
Housing Distribution
Address Breakdown
Residential
17,295
Single Family
13,161
Multi-Family
4,134
Businesses
1,735
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices