1 Boca Ciega Point Blvd APT 310Saint PetersburgFL33708
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 Boca Ciega Point Blvd APT 310, Saint Petersburg, FL, 33708 at $199,000 posts ROI 24.12% with $231/mo cash flow from $1,552/mo rent. Total monthly income equals $1,552/mo, and annual cash flow records $2,777/yr on $65,969 to close. Return on cash invested measures 24.12% and rental yield reads 9.36% at the current $199,000. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 by year five. Five-year ROI prints 126.05% and total cumulative return in cash totals $83,154.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,552/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1969
1.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33708, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,781 (100%) |
| Owner Occupied HU | 6,160 (48.2%) |
| Renter Occupied HU | 2,266 (17.7%) |
| Vacant Housing Units | 4,355 (34.1%) |
| Median Home Value | $575,753 |
| Average Home Value | $706,923 |
Housing Distribution
Address Breakdown
Residential
9,631
Single Family
6,102
Multi-Family
3,529
Businesses
528
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Listed by: Bobbie Kaplan • SUN SAND & SEA HOMES REALTY
Mls Name: Stellar MLS
Mls ID: #TB8387384