13305 2nd St EMadeira BeachFL33708
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Madeira Beach rentals match the income profile of 13305 2nd St E, Madeira Beach, FL, 33708. Listed at $379,900, gross rent is $5,000/mo and net cash flow is $2,479/mo, a 15.79% yield well above national averages. DSCR 2.93 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $104,959 by year five with $3,499/yr in annual principal reduction, projecting $304,365 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15.8% | 6.0% |
| Monthly Cash Flow | $2,479 | $1,500 |
City averages based on Madeira Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,000 |
| Total Monthly Debt Service | $2,370 |
| DSCR Ratio | 2.11x |
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 1956
4,060 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33708, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,781 (100%) |
| Owner Occupied HU | 6,160 (48.2%) |
| Renter Occupied HU | 2,266 (17.7%) |
| Vacant Housing Units | 4,355 (34.1%) |
| Median Home Value | $575,753 |
| Average Home Value | $706,923 |
Housing Distribution
Address Breakdown
Residential
9,631
Single Family
6,102
Multi-Family
3,529
Businesses
528
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 1956
4,060 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33708, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,781 (100%) |
| Owner Occupied HU | 6,160 (48.2%) |
| Renter Occupied HU | 2,266 (17.7%) |
| Vacant Housing Units | 4,355 (34.1%) |
| Median Home Value | $575,753 |
| Average Home Value | $706,923 |
Housing Distribution
Address Breakdown
Residential
9,631
Single Family
6,102
Multi-Family
3,529
Businesses
528
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices