7305 S Elliott StTampaFL33616
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 7305 S Elliott St, Tampa, FL, 33616 in Tampa: $4,535/mo in rent, $2,033/mo net, 14.51% gross yield, all on a $375,000 acquisition. The 2.69 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 $103,606 in value, and $3,454/yr in principal paydown steadily builds equity. Projected total cumulative return: $273,848.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.5% | 3.0% |
| Monthly Cash Flow | $2,033 | $350 |
City averages based on Tampa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,535 |
| Total Monthly Debt Service | $2,353 |
| DSCR Ratio | 1.93x |
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 1985
5,000 sqft lot
$N/A/sqft
No 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
Single Family
Built in 1985
5,000 sqft lot
$N/A/sqft
No 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