1163 San Carlos Ave NESaint PetersburgFL33702
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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 1163 San Carlos Ave NE, Saint Petersburg, FL, 33702 at $900,000 posts ROI 22.41% with $581/mo cash flow from $7,076/mo rent. Total monthly income equals $7,076/mo, and annual cash flow records $6,966/yr on $296,100 to close. Return on cash invested measures 22.41% and rental yield reads 9.43% at the current $900,000. Equity gained on principal adds $5,808/yr, and 5% annual appreciation supports $248,653 by year five. Five-year ROI prints 117.6% and total cumulative return in cash totals $348,204.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $7,076/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1991
9,213 sqft lot
$N/A/sqft
$523 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33702, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,664 (100%) |
| Owner Occupied HU | 8,981 (61.2%) |
| Renter Occupied HU | 4,329 (29.5%) |
| Vacant Housing Units | 1,354 ( 9.2%) |
| Median Home Value | $411,755 |
| Average Home Value | $465,872 |
Housing Distribution
Address Breakdown
Residential
15,540
Single Family
11,571
Multi-Family
3,969
Businesses
705
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Listed by: Libby Salamone • COMPASS FLORIDA LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #U8245731
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511