100 4th Ave S APT 229Saint 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
Rental property for sale in Saint Petersburg at 100 4th Ave S APT 229, Saint Petersburg, FL, 33701 generates $3,967/mo in rent and, after a $2,863/mo payment, leaves $85/mo in cash flow. Total monthly income is $3,967/mo, and annual cash flow is $1,021/yr on $192,465 invested. Return on cash invested sits at 20.59% in year one, and rental yield is 8.14% on a $585,000 entry. Equity gained on principal adds $3,775/yr, while 5% annual appreciation builds toward $161,625 over five years. Five-year ROI reaches 107.08% and total cumulative return in cash sums $206,082. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,967/mo property income rather than buyer’s personal income.
Condo
Built in 2002
1.89 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: Kelly Hustedde • DALTON WADE INC
Mls Name: Stellar MLS
Mls ID: #TB8415416