1355 Pinellas Bayway S APT 16Tierra VerdeFL33715
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
Investment Highlights
Investment property for sale in Tierra Verde at 1355 Pinellas Bayway S APT 16, Tierra Verde, FL, 33715 listed at $739,000 pairs $5,107/mo rent with a $3,617/mo payment to leave $203/mo cash flow. Total monthly income runs $5,107/mo, and annual cash flow reaches $2,435/yr on $243,131 cash to close. Return on cash invested measures 21.06% in year one, and rental yield registers 8.29% at a $739,000 basis. Equity gained on principal adds $4,769/yr, and annual property appreciation at 5% supports $204,172 by year five. Five-year ROI tracks 109.57% and total cumulative return in cash totals $266,408. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,107/mo property income relative to a $3,617/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1981
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33715, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,887 (100%) |
| Owner Occupied HU | 3,992 (58.0%) |
| Renter Occupied HU | 437 ( 6.3%) |
| Vacant Housing Units | 2,458 (35.7%) |
| Median Home Value | $689,474 |
| Average Home Value | $881,423 |
Housing Distribution
Address Breakdown
Residential
6,265
Single Family
2,121
Multi-Family
4,144
Businesses
125
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ethel Buns • COMPASS FLORIDA LLC
Mls Name: Stellar MLS
Mls ID: #TB8443673