8823 Bay Pointe Dr #206TampaFL33615
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeA DSCR of 1.52 makes 8823 Bay Pointe Dr #206, Tampa, FL, 33615 in Tampa one of the easier properties to finance via Ziffy Mortgage's rental-income underwriting. Rental yield 8.2%. The 8.2% yield, 5% annual appreciation ($60,450 over five years), and $2,015/yr in principal reduction project a total cumulative return of $52,312.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 3.0% |
| Monthly Cash Flow | $(521) | $350 |
City averages based on Tampa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,495 |
| Total Monthly Debt Service | $1,929 |
| DSCR Ratio | 0.77x |
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 1970
N/A lot
$N/A/sqft
$511 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33615, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,739 (100%) |
| Owner Occupied HU | 10,818 (54.8%) |
| Renter Occupied HU | 7,928 (40.2%) |
| Vacant Housing Units | 993 ( 5.0%) |
| Median Home Value | $356,638 |
| Average Home Value | $412,317 |
Housing Distribution
Address Breakdown
Residential
19,377
Single Family
14,056
Multi-Family
5,321
Businesses
693
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 1970
N/A lot
$N/A/sqft
$511 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33615, Tampa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,739 (100%) |
| Owner Occupied HU | 10,818 (54.8%) |
| Renter Occupied HU | 7,928 (40.2%) |
| Vacant Housing Units | 993 ( 5.0%) |
| Median Home Value | $356,638 |
| Average Home Value | $412,317 |
Housing Distribution
Address Breakdown
Residential
19,377
Single Family
14,056
Multi-Family
5,321
Businesses
693
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Albi Koteles • PEOPLE'S CHOICE REALTY SVC LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #T3548253
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