7001 Interbay Blvd UNIT 299TampaFL33616
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 7001 Interbay Blvd UNIT 299, Tampa, FL, 33616 in Tampa: $5,003/mo in rent, $1,663/mo net, 15.05% gross yield, all on a $399,000 acquisition. The 2.79 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $110,236 in value, and $3,675/yr in principal paydown steadily builds equity. Projected total cumulative return: $262,157.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15.1% | 3.0% |
| Monthly Cash Flow | $1,663 | $350 |
City averages based on Tampa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,003 |
| Total Monthly Debt Service | $3,181 |
| DSCR Ratio | 1.57x |
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.
Townhouse
Built in 2011
2 sqft lot
$N/A/sqft
$533 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33616, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,168 (100%) |
| Owner Occupied HU | 3,371 (36.8%) |
| Renter Occupied HU | 5,035 (54.9%) |
| Vacant Housing Units | 762 ( 8.3%) |
| Median Home Value | $435,627 |
| Average Home Value | $495,780 |
Housing Distribution
Address Breakdown
Residential
7,861
Single Family
4,800
Multi-Family
3,061
Businesses
101
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
Townhouse
Built in 2011
2 sqft lot
$N/A/sqft
$533 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33616, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,168 (100%) |
| Owner Occupied HU | 3,371 (36.8%) |
| Renter Occupied HU | 5,035 (54.9%) |
| Vacant Housing Units | 762 ( 8.3%) |
| Median Home Value | $435,627 |
| Average Home Value | $495,780 |
Housing Distribution
Address Breakdown
Residential
7,861
Single Family
4,800
Multi-Family
3,061
Businesses
101
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices