8445 Phillip N #13Pinellas ParkFL33781
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid, durable, and financeable, 8445 Phillip N #13, Pinellas Park, FL, 33781 in Pinellas Park earns a 10.41% gross yield at $215,000. Rent of $1,866/mo nets $439/mo after the $967/mo mortgage. The 1.93 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $59,401 and $1,980/yr in equity accumulation project a total cumulative return of $110,212.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 8.0% |
| Monthly Cash Flow | $439 | $400 |
City averages based on Pinellas Park market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,866 |
| Total Monthly Debt Service | $1,341 |
| DSCR Ratio | 1.39x |
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 1973
1.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33781, Pinellas Park, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,590 (100%) |
| Owner Occupied HU | 6,810 (58.8%) |
| Renter Occupied HU | 4,022 (34.7%) |
| Vacant Housing Units | 758 ( 6.5%) |
| Median Home Value | $330,070 |
| Average Home Value | $402,704 |
Housing Distribution
Address Breakdown
Residential
12,260
Single Family
10,239
Multi-Family
2,021
Businesses
1,370
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 1973
1.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33781, Pinellas Park, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,590 (100%) |
| Owner Occupied HU | 6,810 (58.8%) |
| Renter Occupied HU | 4,022 (34.7%) |
| Vacant Housing Units | 758 ( 6.5%) |
| Median Home Value | $330,070 |
| Average Home Value | $402,704 |
Housing Distribution
Address Breakdown
Residential
12,260
Single Family
10,239
Multi-Family
2,021
Businesses
1,370
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Missy James • THE ANDERSON GROUP & CO PL
Mls Name: Stellar MLS
Mls ID: #TB8443029