6291 63rd St NPinellas ParkFL33781
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe headline number at 6291 63rd St N, Pinellas Park, FL, 33781 in Pinellas Park is the 1.65 coverage ratio: rent of $3,444/mo versus a $2,091/mo debt payment on a $465,000 property. Rental yield 7.8%. That margin is what gives Ziffy Mortgage's DSCR loan the coverage it needs for a clean, fast approval, no W-2s, no U.S. residency. Appreciation at 5%/yr projects $128,471 by year five, with $4,283/yr in equity from paydown. Total projected cumulative return: $200,310.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.8% | 8.0% |
| Monthly Cash Flow | $(300) | $400 |
City averages based on Pinellas Park market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,444 |
| Total Monthly Debt Service | $2,901 |
| DSCR Ratio | 1.19x |
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 1956
10,080 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33781, Pinellas Park, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,590 (100%) |
| Owner Occupied HU | 6,810 (58.8%) |
| Renter Occupied HU | 4,022 (34.7%) |
| Vacant Housing Units | 758 ( 6.5%) |
| Median Home Value | $330,070 |
| Average Home Value | $402,704 |
Housing Distribution
Address Breakdown
Residential
12,260
Single Family
10,239
Multi-Family
2,021
Businesses
1,370
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 1956
10,080 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33781, Pinellas Park, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,590 (100%) |
| Owner Occupied HU | 6,810 (58.8%) |
| Renter Occupied HU | 4,022 (34.7%) |
| Vacant Housing Units | 758 ( 6.5%) |
| Median Home Value | $330,070 |
| Average Home Value | $402,704 |
Housing Distribution
Address Breakdown
Residential
12,260
Single Family
10,239
Multi-Family
2,021
Businesses
1,370
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sandra Stepanek • JLS INVESTMENT REALTY
Mls Name: Stellar MLS
Mls ID: #TB8404149