12033 Gandy Blvd N APT 131Saint 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
Rental property for sale in Saint Petersburg at 12033 Gandy Blvd N APT 131, Saint Petersburg, FL, 33702 generates $4,290/mo in rent and, after a $2,104/mo payment, leaves $70/mo in cash flow. Total monthly income is $4,290/mo, and annual cash flow is $841/yr on $142,512 invested. Return on cash invested sits at 20.5% in year one, and rental yield is 11.97% on a $429,900 entry. Equity gained on principal adds $2,774/yr, while 5% annual appreciation builds toward $118,773 over five years. Five-year ROI reaches 110.79% and total cumulative return in cash sums $157,891. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,290/mo property income rather than buyer’s personal income.
Condo
Built in 2004
2.90 Acres lot
$N/A/sqft
$1,231 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: Kristin Hallamek • ENGEL & VOLKERS BELLEAIR
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8378555
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