1460 89th Ave NSaint PetersburgFL33702
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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
Investment property for sale in Saint Petersburg at 1460 89th Ave N, Saint Petersburg, FL, 33702 earns $553/mo cash flow from $5,365/mo rent with a $3,549/mo payment. Total monthly income totals $5,365/mo, and annual cash flow totals $6,639/yr on $238,525 capital. ROI tracks 22.84% on current figures, and rental yield reads 8.88% at a $725,000 purchase. Equity gained on principal adds $4,678/yr, and 5% annual appreciation supports $200,304 over five years. Five-year ROI reaches 119.14% and total cumulative return in cash sums $284,189. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,365/mo property income instead of your personal income.
Single Family
Built in 1972
10,006 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33702, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,664 (100%) |
| Owner Occupied HU | 8,981 (61.2%) |
| Renter Occupied HU | 4,329 (29.5%) |
| Vacant Housing Units | 1,354 ( 9.2%) |
| Median Home Value | $411,755 |
| Average Home Value | $465,872 |
Housing Distribution
Address Breakdown
Residential
15,540
Single Family
11,571
Multi-Family
3,969
Businesses
705
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Listed by: Matt Kreger • KELLER WILLIAMS ST PETE REALTY
Mls Name: Stellar MLS
Mls ID: #TB8432632