1124 118th Ter NSaint 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 1124 118th Ter N, Saint Petersburg, FL, 33716 uses $155,772 cash to close to unlock $13,867/yr annual cash flow and $1,156/mo monthly cash flow. Total monthly income runs $4,274/mo, and a $2,300/mo payment keeps the spread at $1,156/mo. Purchase price stands at $469,900, and rental yield measures 10.91% with $4,274/mo rent. Return on cash invested shows 28.81% in year one, and 5% annual appreciation builds toward $129,825 over five years. Five-year ROI reaches 151.18% and total cumulative return in cash records $235,490. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,274/mo property income covering a $2,300/mo payment rather than investor’s personal income.
Townhouse
Built in 2012
2,174 sqft 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: Elizabeth Barnes • SMITH & ASSOCIATES REAL ESTATE
Mls Name: Stellar MLS
Mls ID: #TB8441620