646 Timber Bay Cir WOldsmarFL34677
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 646 Timber Bay Cir W, Oldsmar, FL, 34677 in Oldsmar speaks for itself: 10.14% gross on a $429,000 price, generating $3,625/mo in rent and $778/mo in net income after the $1,929/mo debt service. DSCR 1.88, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $9,339 stacks alongside $118,525 in projected five-year appreciation and $3,951/yr in principal reduction. Projected total cumulative return: $213,580.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 6.0% |
| Monthly Cash Flow | $778 | $300 |
City averages based on Oldsmar market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,625 |
| Total Monthly Debt Service | $2,676 |
| DSCR Ratio | 1.35x |
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 1984
7,144 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34677, Oldsmar, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,184 (100%) |
| Owner Occupied HU | 7,418 (72.8%) |
| Renter Occupied HU | 2,134 (21.0%) |
| Vacant Housing Units | 632 ( 6.2%) |
| Median Home Value | $466,455 |
| Average Home Value | $546,420 |
Housing Distribution
Address Breakdown
Residential
10,028
Single Family
8,840
Multi-Family
1,188
Businesses
1,302
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 1984
7,144 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34677, Oldsmar, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,184 (100%) |
| Owner Occupied HU | 7,418 (72.8%) |
| Renter Occupied HU | 2,134 (21.0%) |
| Vacant Housing Units | 632 ( 6.2%) |
| Median Home Value | $466,455 |
| Average Home Value | $546,420 |
Housing Distribution
Address Breakdown
Residential
10,028
Single Family
8,840
Multi-Family
1,188
Businesses
1,302
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices