Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
No similar rental properties found nearby.
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Redington Beach at 16400 Gulf Blvd APT 310, Redington Beach, FL, 33708 offers a 8.11% rental yield on a $200,000 purchase with $1,352/mo rent. Total monthly income registers $1,352/mo, and a $979/mo payment leaves $25/mo available for distribution. Annual cash flow reaches $296/yr on $66,300 to close, and return on cash invested stands at 20.36% in year one. Equity gained on principal adds $1,291/yr while 5% annual appreciation supports $55,256 over five years. Portfolio math shows five-year ROI at 105.82% and total cumulative return in cash at $70,160. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,352/mo property income against a $979/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1958
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33708, Saint Petersburg, FL area.
| 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 |
Residential
9,631
Single Family
6,102
Multi-Family
3,529
Businesses
528
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
No similar rental properties found nearby.
Listed by: Sandy Hartmann • COASTAL PROPERTIES GROUP INTERNATIONAL
Mls Name: Stellar MLS
Mls ID: #TB8454292
