1695 Pinellas Bayway S APT E4Tierra VerdeFL33715
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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 Tierra Verde at 1695 Pinellas Bayway S APT E4, Tierra Verde, FL, 33715 offers $5,830/mo rent that, after a $4,302/mo payment. Total monthly income is $5,830/mo. Return on cash invested measures 20.05% in year one, and rental yield stands at 7.96% at a $879,000 entry. Equity gained on principal adds $5,672/yr while 5% annual appreciation compounds into $242,851 by year five. Five-year ROI records 104.15% and total cumulative return in cash reaches $301,206. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,830/mo property income versus a $4,302/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2000
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33715, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,887 (100%) |
| Owner Occupied HU | 3,992 (58.0%) |
| Renter Occupied HU | 437 ( 6.3%) |
| Vacant Housing Units | 2,458 (35.7%) |
| Median Home Value | $689,474 |
| Average Home Value | $881,423 |
Housing Distribution
Address Breakdown
Residential
6,265
Single Family
2,121
Multi-Family
4,144
Businesses
125
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Listed by: Andrew Duncan • LPT REALTY LLC
Mls Name: Stellar MLS
Mls ID: #TB8343798