800 S Dakota Ave APT 404TampaFL33606
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderFor first-time U.S. investors or those diversifying conservatively, 800 S Dakota Ave APT 404, Tampa, FL, 33606 in Tampa offers a clean, manageable entry. Rental yield 7.14%. DSCR 1.32 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $107,474 in additional property value over five years, with $3,583/yr in principal equity building ownership stake. Total projected cumulative return: $131,085.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.1% | 3.0% |
| Monthly Cash Flow | $(267) | $350 |
City averages based on Tampa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,314 |
| Total Monthly Debt Service | $2,427 |
| DSCR Ratio | 0.95x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1996
13 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33606, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,087 (100%) |
| Owner Occupied HU | 4,274 (38.5%) |
| Renter Occupied HU | 5,727 (51.7%) |
| Vacant Housing Units | 1,086 ( 9.8%) |
| Median Home Value | $842,522 |
| Average Home Value | $1,009,283 |
Housing Distribution
Address Breakdown
Residential
10,738
Single Family
5,560
Multi-Family
5,178
Businesses
1,082
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 1996
13 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33606, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,087 (100%) |
| Owner Occupied HU | 4,274 (38.5%) |
| Renter Occupied HU | 5,727 (51.7%) |
| Vacant Housing Units | 1,086 ( 9.8%) |
| Median Home Value | $842,522 |
| Average Home Value | $1,009,283 |
Housing Distribution
Address Breakdown
Residential
10,738
Single Family
5,560
Multi-Family
5,178
Businesses
1,082
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices