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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Shores at 17732 Long Point Dr, Redington Shores, FL, 33708 listed at $725,000 pairs $6,492/mo rent with a $3,549/mo payment to leave $1,022/mo cash flow. Total monthly income runs $6,492/mo, and annual cash flow reaches $12,261/yr on $238,525 cash to close. Return on cash invested measures 25.2% in year one, and rental yield registers 10.75% at a $725,000 basis. Equity gained on principal adds $4,678/yr, and annual property appreciation at 5% supports $200,304 by year five. Five-year ROI tracks 132.97% and total cumulative return in cash totals $317,177. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,492/mo property income relative to a $3,549/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1957
5,380 sqft 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 |
|---|---|---|
| 2024-12-17 | Listed for sale | $725,000 |
| 2022-07-05 | Sold | $1,190,000 |
| 2022-06-04 | Pending sale | $1,170,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-25 | $14357.90 | 114.20% | $952,065 | 97.82% |
| 2022-12-25 | $6703.10 | 2.93% | $481,279 | 7.97% |
| 2021-12-25 | $6512.12 | -0.11% | $445,735 | 1.40% |
Listed by: Shane VanDerLeelie • VANDERLEELIE & ASSOC.RE ESTATE
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8331174
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511
