6321 Newtown Cir #21B7TampaFL33615
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 6321 Newtown Cir #21B7, Tampa, FL, 33615 in Tampa at $159,000 earns $1,224/mo in rent and nets $169/mo after the $715/mo payment, a 9.24% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $43,929 over five years. Ziffy Mortgage underwrites this on a 1.71 DSCR without U.S. credit history. With $1,464/yr in principal paydown, total projected return reaches $71,519.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 3.0% |
| Monthly Cash Flow | $169 | $350 |
City averages based on Tampa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,224 |
| Total Monthly Debt Service | $992 |
| DSCR Ratio | 1.23x |
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 1979
2 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33615, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,739 (100%) |
| Owner Occupied HU | 10,818 (54.8%) |
| Renter Occupied HU | 7,928 (40.2%) |
| Vacant Housing Units | 993 ( 5.0%) |
| Median Home Value | $356,638 |
| Average Home Value | $412,317 |
Housing Distribution
Address Breakdown
Residential
19,377
Single Family
14,056
Multi-Family
5,321
Businesses
693
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 1979
2 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33615, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,739 (100%) |
| Owner Occupied HU | 10,818 (54.8%) |
| Renter Occupied HU | 7,928 (40.2%) |
| Vacant Housing Units | 993 ( 5.0%) |
| Median Home Value | $356,638 |
| Average Home Value | $412,317 |
Housing Distribution
Address Breakdown
Residential
19,377
Single Family
14,056
Multi-Family
5,321
Businesses
693
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices