1 Beach Dr SE Unit 1610Saint PetersburgFL33701
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
Investment Highlights
Investment property for sale in Saint Petersburg at 1 Beach Dr SE Unit 1610, Saint Petersburg, FL, 33701 at $825,000 posts ROI 26.18% with $1,384/mo cash flow from $6,859/mo rent. Total monthly income equals $6,859/mo, and annual cash flow records $16,609/yr on $271,425 to close. Return on cash invested measures 26.18% and rental yield reads 9.98% at the current $825,000. Equity gained on principal adds $5,324/yr, and 5% annual appreciation supports $227,932 by year five. Five-year ROI prints 137.04% and total cumulative return in cash totals $371,961.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,859/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1975
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33701, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,857 (100%) |
| Owner Occupied HU | 4,780 (32.2%) |
| Renter Occupied HU | 7,946 (53.5%) |
| Vacant Housing Units | 2,131 (14.3%) |
| Median Home Value | $680,200 |
| Average Home Value | $846,003 |
Housing Distribution
Address Breakdown
Residential
13,067
Single Family
4,473
Multi-Family
8,594
Businesses
1,397
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Judy Horvath • COLDWELL BANKER REALTY
Mls Name: Stellar MLS
Mls ID: #TB8461771