11445 6th St ETreasure IslandFL33706
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 11445 6th St E, Treasure Island, FL, 33706 in Treasure Island deserves attention. This $1,250,000 property earns $12,305/mo in rent, a 11.81% gross yield, and nets $3,936/mo after the $5,621/mo payment. DSCR 2.19 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $345,352 compounds alongside $11,513/yr in yearly equity build, for a total cumulative return of $729,967.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.8% | 9.0% |
| Monthly Cash Flow | $3,936 | $19,200 |
City averages based on Treasure Island market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $12,305 |
| Total Monthly Debt Service | $7,872 |
| DSCR Ratio | 1.56x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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
7,275 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33706, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,617 (100%) |
| Owner Occupied HU | 6,397 (47.0%) |
| Renter Occupied HU | 2,347 (17.2%) |
| Vacant Housing Units | 4,873 (35.8%) |
| Median Home Value | $718,412 |
| Average Home Value | $864,993 |
Housing Distribution
Address Breakdown
Residential
10,352
Single Family
6,045
Multi-Family
4,307
Businesses
619
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
7,275 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33706, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,617 (100%) |
| Owner Occupied HU | 6,397 (47.0%) |
| Renter Occupied HU | 2,347 (17.2%) |
| Vacant Housing Units | 4,873 (35.8%) |
| Median Home Value | $718,412 |
| Average Home Value | $864,993 |
Housing Distribution
Address Breakdown
Residential
10,352
Single Family
6,045
Multi-Family
4,307
Businesses
619
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices