149 Seahorse Dr SE UNIT BSaint PetersburgFL33705
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
Rental property for sale in Saint Petersburg at 149 Seahorse Dr SE UNIT B, Saint Petersburg, FL, 33705 priced at $228,452 converts $2,574/mo rent into $331/mo cash flow after a $1,118/mo obligation. Total monthly income equals $2,574/mo, and annual cash flow totals $3,973/yr on $75,732 invested. Return on cash invested prints 25.16% in year one, and rental yield reads 13.52% against a $228,452 entry. Equity gained on principal adds $1,474/yr, while 5% annual appreciation compiles into $63,117 by year five. Five-year ROI reaches 135.8% and total cumulative return in cash sums $102,841. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,574/mo property income covering a $1,118/mo payment, not borrower’s personal income.
Condo
Built in 1979
N/A lot
$N/A/sqft
$727 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33705, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,777 (100%) |
| Owner Occupied HU | 6,533 (44.2%) |
| Renter Occupied HU | 6,370 (43.1%) |
| Vacant Housing Units | 1,874 (12.7%) |
| Median Home Value | $465,376 |
| Average Home Value | $543,923 |
Housing Distribution
Address Breakdown
Residential
14,118
Single Family
10,257
Multi-Family
3,861
Businesses
605
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A