13311 2nd St EMadeira BeachFL33708
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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 Madeira Beach at 13311 2nd St E, Madeira Beach, FL, 33708 generates $7,609/mo in rent and, after a $1,517/mo payment, leaves $5,034/mo in cash flow. Total monthly income is $7,609/mo, and annual cash flow is $60,404/yr on $102,732 invested. Return on cash invested sits at 78.71% in year one, and rental yield is 29.46% on a $309,900 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation builds toward $85,620 over five years. Five-year ROI reaches 420.93% and total cumulative return in cash sums $432,432. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,609/mo property income rather than buyer’s personal income.
Multi Family
Built in 1956
6,094 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
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Listed by: Zack DeCaro • DALTON WADE INC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8380309
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