11605 Gulf Blvd #303Treasure IslandFL33706
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeFinancing efficiency matters for international buyers, and 11605 Gulf Blvd #303, Treasure Island, FL, 33706 in Treasure Island offers it: the 1.81 DSCR gives Ziffy Mortgage's underwriting team an unusually clean file, no U.S. credit, no personal income required. Rental yield 9.76%. Long-term, 5% appreciation is forecast to add $139,522, and $4,651/yr in principal paydown compounds equity steadily. Projected five-year cumulative return: $136,369.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.8% | 9.0% |
| Monthly Cash Flow | $(990) | $19,200 |
City averages based on Treasure Island market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,108 |
| Total Monthly Debt Service | $4,897 |
| 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.
Condo
Built in 2008
1.16 Acres lot
$N/A/sqft
$1,561 monthly 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
Condo
Built in 2008
1.16 Acres lot
$N/A/sqft
$1,561 monthly 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