6257 Dewdrop Way #6257TampaFL33617
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeHigh DSCR is a competitive advantage at closing. 6257 Dewdrop Way #6257, Tampa, FL, 33617 in Tampa achieves 1.77, rent of $1,036/mo covers the $585/mo payment 1.5x over at $130,000. Rental yield 9.56%. That makes it both an efficient operational hold and a straightforward underwrite for Ziffy Mortgage's DSCR program. No domestic credit history or income documentation required. Appreciation at 5%/yr adds $35,917 over five years, with $1,197/yr in principal reduction bringing total projected return to $60,701.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 3.0% |
| Monthly Cash Flow | $(821) | $350 |
City averages based on Tampa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,036 |
| Total Monthly Debt Service | $811 |
| DSCR Ratio | 1.28x |
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 1975
2 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33617, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,184 (100%) |
| Owner Occupied HU | 8,069 (38.1%) |
| Renter Occupied HU | 11,791 (55.7%) |
| Vacant Housing Units | 1,324 ( 6.2%) |
| Median Home Value | $384,202 |
| Average Home Value | $419,228 |
Housing Distribution
Address Breakdown
Residential
19,403
Single Family
16,148
Multi-Family
3,255
Businesses
1,012
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 1975
2 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33617, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,184 (100%) |
| Owner Occupied HU | 8,069 (38.1%) |
| Renter Occupied HU | 11,791 (55.7%) |
| Vacant Housing Units | 1,324 ( 6.2%) |
| Median Home Value | $384,202 |
| Average Home Value | $419,228 |
Housing Distribution
Address Breakdown
Residential
19,403
Single Family
16,148
Multi-Family
3,255
Businesses
1,012
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices