10698 1st St N #166PetersburgFL33716
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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 Petersburg at 10698 1st St N #166, Petersburg, FL, 33716 listed at $203,999 pairs $4,080/mo rent with a $998/mo payment to leave $2,727/mo cash flow. Total monthly income runs $4,080/mo, and annual cash flow reaches $32,720/yr on $67,626 cash to close. Return on cash invested measures 68.29% in year one, and rental yield registers 24% at a $203,999 basis. Equity gained on principal adds $1,316/yr, and annual property appreciation at 5% supports $56,361 by year five. Five-year ROI tracks 362.92% and total cumulative return in cash totals $245,427. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,080/mo property income relative to a $998/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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: #11281954