1045 Pinellas Bayway STierra VerdeFL33715
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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 Tierra Verde at 1045 Pinellas Bayway S, Tierra Verde, FL, 33715 earns $1,567/mo cash flow from $5,382/mo rent with a $2,814/mo payment. Total monthly income totals $5,382/mo, and annual cash flow totals $18,801/yr on $189,142 capital. ROI tracks 30% on current figures, and rental yield reads 11.23% at a $574,900 purchase. Equity gained on principal adds $3,710/yr, and 5% annual appreciation supports $158,834 over five years. Five-year ROI reaches 157.51% and total cumulative return in cash sums $297,915. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,382/mo property income instead of your personal income.
Townhouse
Built in 1998
976 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33715, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,887 (100%) |
| Owner Occupied HU | 3,992 (58.0%) |
| Renter Occupied HU | 437 ( 6.3%) |
| Vacant Housing Units | 2,458 (35.7%) |
| Median Home Value | $689,474 |
| Average Home Value | $881,423 |
Housing Distribution
Address Breakdown
Residential
6,265
Single Family
2,121
Multi-Family
4,144
Businesses
125
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Listed by: Elizabeth Miller • MILLER REALTY & MANAGEMENT
Mls Name: Stellar MLS
Mls ID: #TB8420173