10467 Bay St NE #308Saint PetersburgFL33716
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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
Rental property for sale in Saint Petersburg at 10467 Bay St NE #308, Saint Petersburg, FL, 33716 generates $1,517/mo in rent and, after a $959/mo payment, leaves $217/mo in cash flow. Total monthly income is $1,517/mo, and annual cash flow is $2,600/yr on $64,974 invested. Return on cash invested sits at 23.91% in year one, and rental yield is 9.29% on a $195,999 entry. Equity gained on principal adds $1,265/yr, while 5% annual appreciation builds toward $54,151 over five years. Five-year ROI reaches 124.91% and total cumulative return in cash sums $81,156. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,517/mo property income rather than buyer’s personal income.
Manufactured
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33716, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,631 (100%) |
| Owner Occupied HU | 1,970 (15.6%) |
| Renter Occupied HU | 9,502 (75.2%) |
| Vacant Housing Units | 1,159 ( 9.2%) |
| Median Home Value | $149,441 |
| Average Home Value | $266,786 |
Housing Distribution
Address Breakdown
Residential
10,520
Single Family
1,960
Multi-Family
8,560
Businesses
513
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Listed by: Brittney Moody • Great Florida Living, Inc.
Mls Name: My State MLS
Mls ID: #11278345