162 Coquina Bay DrSaint PetersburgFL33705
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowTight but positive: 162 Coquina Bay Dr, Saint Petersburg, FL, 33705 in Saint Petersburg at $278,900 earns $2,700/mo in rent and nets $184/mo after the $1,254/mo payment, a 11.62% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $77,055 over five years. Ziffy Mortgage underwrites this on a 2.15 DSCR without U.S. credit history. With $2,569/yr in principal paydown, total projected return reaches $121,031.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.6% | 6.0% |
| Monthly Cash Flow | $184 | $1,800 |
City averages based on Saint Petersburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,700 |
| Total Monthly Debt Service | $2,405 |
| DSCR Ratio | 1.12x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 2005
932 sqft lot
$N/A/sqft
$598 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
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 2005
932 sqft lot
$N/A/sqft
$598 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