1762 Nevada Ave NESaint PetersburgFL33703
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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
Investment property for sale in Saint Petersburg at 1762 Nevada Ave NE, Saint Petersburg, FL, 33703 uses $77,969 cash to close to unlock $508/yr annual cash flow and $42/mo monthly cash flow. Total monthly income runs $1,603/mo, and a $1,151/mo payment keeps the spread at $42/mo. Purchase price stands at $235,200, and rental yield measures 8.18% with $1,603/mo rent. Return on cash invested shows 20.56% in year one, and 5% annual appreciation builds toward $64,981 over five years. Five-year ROI reaches 106.94% and total cumulative return in cash records $83,383. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,603/mo property income covering a $1,151/mo payment rather than investor’s personal income.
Single Family
Built in 1970
4,966 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: Preston Hernandez • SERHANT
Mls Name: Stellar MLS
Mls ID: #TB8467708