17900 Gulf Blvd APT 5DRedington ShoresFL33708
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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 Redington Shores at 17900 Gulf Blvd APT 5D, Redington Shores, FL, 33708 earns $22/mo cash flow from $5,126/mo rent with a $2,790/mo payment. Total monthly income totals $5,126/mo, and annual cash flow totals $269/yr on $187,530 capital. ROI tracks 20.2% on current figures, and rental yield reads 10.79% at a $570,000 purchase. Equity gained on principal adds $3,678/yr, and 5% annual appreciation supports $157,480 over five years. Five-year ROI reaches 108.05% and total cumulative return in cash sums $202,621. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,126/mo property income instead of your personal income.
Condo
Built in 1980
1,165 sqft lot
$N/A/sqft
$1,089 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33708, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
9,631
Single Family
6,102
Multi-Family
3,529
Businesses
528
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Listed by: Mounir El Beyrouty • INTERMAB INC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8404830
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