1570 48th Ave NSaint PetersburgFL33703
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 Saint Petersburg at 1570 48th Ave N, Saint Petersburg, FL, 33703 earns $1,660/mo cash flow from $6,140/mo rent with a $3,304/mo payment. Total monthly income totals $6,140/mo, and annual cash flow totals $19,924/yr on $222,075 capital. ROI tracks 29.03% on current figures, and rental yield reads 10.92% at a $675,000 purchase. Equity gained on principal adds $4,356/yr, and 5% annual appreciation supports $186,490 over five years. Five-year ROI reaches 152.33% and total cumulative return in cash sums $338,295. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,140/mo property income instead of your personal income.
Single Family
Built in 1923
7,322 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: Jennifer Orns • COMPASS FLORIDA LLC
Mls Name: Stellar MLS
Mls ID: #TB8405655