1101 81st Ave NSaint PetersburgFL33702
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingThere's a case for owning boring assets in strong markets. Rental yield 6.25%. It won't spike overnight, but it will produce quarter after quarter of U.S. dollar income with long-run appreciation. Ziffy Mortgage's DSCR loan removes U.S. income documentation barriers for non-residents. Five-year appreciation of $197,265 and $6,576/yr in equity build project total return of $206,595.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.3% | 6.0% |
| Monthly Cash Flow | $(1,018) | $1,800 |
City averages based on Saint Petersburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,720 |
| Total Monthly Debt Service | $4,454 |
| DSCR Ratio | 0.84x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1958
10,088 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33702, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,664 (100%) |
| Owner Occupied HU | 8,981 (61.2%) |
| Renter Occupied HU | 4,329 (29.5%) |
| Vacant Housing Units | 1,354 ( 9.2%) |
| Median Home Value | $411,755 |
| Average Home Value | $465,872 |
Housing Distribution
Address Breakdown
Residential
15,540
Single Family
11,571
Multi-Family
3,969
Businesses
705
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
Single Family
Built in 1958
10,088 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33702, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,664 (100%) |
| Owner Occupied HU | 8,981 (61.2%) |
| Renter Occupied HU | 4,329 (29.5%) |
| Vacant Housing Units | 1,354 ( 9.2%) |
| Median Home Value | $411,755 |
| Average Home Value | $465,872 |
Housing Distribution
Address Breakdown
Residential
15,540
Single Family
11,571
Multi-Family
3,969
Businesses
705
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kyle Sasser LLC • CHARLES RUTENBERG REALTY INC
Mls Name: Stellar MLS
Mls ID: #TB8425001