138 36th Ave N APT 206WSt PetersburgFL33704
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 St Petersburg at 138 36th Ave N APT 206W, St Petersburg, FL, 33704 listed at $179,000 pairs $1,686/mo rent with a $876/mo payment to leave $498/mo cash flow. Total monthly income runs $1,686/mo, and annual cash flow reaches $5,979/yr on $59,339 cash to close. Return on cash invested measures 29.98% in year one, and rental yield registers 11.3% at a $179,000 basis. Equity gained on principal adds $1,155/yr, and annual property appreciation at 5% supports $49,454 by year five. Five-year ROI tracks 157.52% and total cumulative return in cash totals $93,471. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,686/mo property income relative to a $876/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1963
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33704, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,473 (100%) |
| Owner Occupied HU | 5,476 (64.6%) |
| Renter Occupied HU | 2,246 (26.5%) |
| Vacant Housing Units | 751 ( 8.9%) |
| Median Home Value | $703,033 |
| Average Home Value | $882,467 |
Housing Distribution
Address Breakdown
Residential
7,800
Single Family
6,785
Multi-Family
1,015
Businesses
387
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John Avery • CENTURY 21 WOLF'S CROSSING REALTY
Mls Name: Stellar MLS
Mls ID: #TB8385636