11241 Beach Walk Way NESaint 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
Total monthly income runs $2,795/mo, and a $2,491/mo payment. Purchase price stands at $509,000, and rental yield measures 6.59% with $2,795/mo rent. Return on cash invested shows 15.89% in year one, and 5% annual appreciation builds toward $140,627 over five years. Five-year ROI reaches 81.83% and total cumulative return in cash records $137,041. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,795/mo property income covering a $2,491/mo payment rather than investor’s personal income.
Townhouse
Built in 2022
2,087 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: Ann Gionta • GIONTA REALTY GROUP LLC
Mls Name: Stellar MLS
Mls ID: #TB8423994