11129 62nd StPinellas ParkFL33782
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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 Pinellas Park at 11129 62nd St, Pinellas Park, FL, 33782 generates $3,085/mo in rent and, after a $1,908/mo payment, leaves $498/mo in cash flow. Total monthly income is $3,085/mo, and annual cash flow is $5,975/yr on $129,252 invested. Return on cash invested sits at 24.53% in year one, and rental yield is 9.49% on a $389,900 entry. Equity gained on principal adds $2,516/yr, while 5% annual appreciation builds toward $107,722 over five years. Five-year ROI reaches 128.21% and total cumulative return in cash sums $165,709. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,085/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
6,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33782, Pinellas Park, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,235 (100%) |
| Owner Occupied HU | 7,655 (62.6%) |
| Renter Occupied HU | 3,651 (29.8%) |
| Vacant Housing Units | 929 ( 7.6%) |
| Median Home Value | $316,483 |
| Average Home Value | $362,575 |
Housing Distribution
Address Breakdown
Residential
11,023
Single Family
8,837
Multi-Family
2,186
Businesses
413
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Listed by: Tammy Danielson • COLDWELL BANKER REALTY
Mls Name: Stellar MLS
Mls ID: #TB8445229