11975 3rd St E APT 1Treasure IslandFL33706
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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 Treasure Island at 11975 3rd St E APT 1, Treasure Island, FL, 33706 listed at $478,999 pairs $5,675/mo rent with a $2,344/mo payment to leave $1,939/mo cash flow. Total monthly income runs $5,675/mo, and annual cash flow reaches $23,267/yr on $158,788 cash to close. Return on cash invested measures 34.56% in year one, and rental yield registers 14.22% at a $478,999 basis. Equity gained on principal adds $3,091/yr, and annual property appreciation at 5% supports $132,339 by year five. Five-year ROI tracks 183.52% and total cumulative return in cash totals $291,410. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,675/mo property income relative to a $2,344/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1965
N/A lot
$N/A/sqft
$476 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
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Listed by: Wes Miller • FOREVER FLORIDA REAL ESTATE
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #U8197177
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