10851 Mangrove Cay Ln NE APT 1112Saint 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
Investment property for sale in Saint Petersburg at 10851 Mangrove Cay Ln NE APT 1112, Saint Petersburg, FL, 33716 earns $44/mo cash flow from $3,030/mo rent with a $2,202/mo payment. Total monthly income totals $3,030/mo, and annual cash flow totals $533/yr on $149,142 capital. ROI tracks 20.27% on current figures, and rental yield reads 8.08% at a $449,900 purchase. Equity gained on principal adds $2,903/yr, and 5% annual appreciation supports $124,299 over five years. Five-year ROI reaches 105.35% and total cumulative return in cash sums $157,126. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,030/mo property income instead of your personal income.
Condo
Built in 2007
0.85 Acres 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: Steve Sexauer • SEXAUER REAL ESTATE INTL.
Mls Name: Stellar MLS
Mls ID: #TB8405325