15473 Gulf BlvdMadeira BeachFL33708
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 15473 Gulf Blvd, Madeira Beach, FL, 33708 in Madeira Beach achieves a 1.82 ratio at $697,000: $5,694/mo rent versus $3,134/mo debt service. Rental yield 9.8%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 9.8% yield compounds alongside 5% annual appreciation projecting $192,568 in value. Total projected cumulative return: $245,785.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.8% | 6.0% |
| Monthly Cash Flow | $(408) | $1,500 |
City averages based on Madeira Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,694 |
| Total Monthly Debt Service | $5,825 |
| DSCR Ratio | 0.98x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2002
0.98 Acres lot
$N/A/sqft
$1,200 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33708, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,781 (100%) |
| Owner Occupied HU | 6,160 (48.2%) |
| Renter Occupied HU | 2,266 (17.7%) |
| Vacant Housing Units | 4,355 (34.1%) |
| Median Home Value | $575,753 |
| Average Home Value | $706,923 |
Housing Distribution
Address Breakdown
Residential
9,631
Single Family
6,102
Multi-Family
3,529
Businesses
528
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
Townhouse
Built in 2002
0.98 Acres lot
$N/A/sqft
$1,200 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33708, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,781 (100%) |
| Owner Occupied HU | 6,160 (48.2%) |
| Renter Occupied HU | 2,266 (17.7%) |
| Vacant Housing Units | 4,355 (34.1%) |
| Median Home Value | $575,753 |
| Average Home Value | $706,923 |
Housing Distribution
Address Breakdown
Residential
9,631
Single Family
6,102
Multi-Family
3,529
Businesses
528
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Valerie Jarnberg • EXP REALTY LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8452572
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511