1449 48th Ave NESaint PetersburgFL33703
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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 1449 48th Ave NE, Saint Petersburg, FL, 33703 generates $3,240/mo in rent, after a $5,213/mo payment. Total monthly income is $3,240/mo. Return on cash invested sits at 7.06% in year one, and rental yield is 3.65% on a $1,065,000 entry. Equity gained on principal adds $6,872/yr, while 5% annual appreciation builds toward $294,240 over five years. Five-year ROI reaches 34.44% and total cumulative return in cash sums $118,835. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,240/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
7,719 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33703, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,143 (100%) |
| Owner Occupied HU | 8,870 (73.0%) |
| Renter Occupied HU | 2,283 (18.8%) |
| Vacant Housing Units | 990 ( 8.2%) |
| Median Home Value | $557,929 |
| Average Home Value | $656,191 |
Housing Distribution
Address Breakdown
Residential
11,300
Single Family
9,784
Multi-Family
1,516
Businesses
259
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Listed by: Anastasia Fischer • KELLER WILLIAMS SOUTH TAMPA
Mls Name: Stellar MLS
Mls ID: #TB8451945