17900 Gulf Blvd PH 1BRedington ShoresFL33708
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Redington Shores at 17900 Gulf Blvd PH 1B, Redington Shores, FL, 33708 generates $5,164/mo in rent, after a $3,083/mo payment. Total monthly income is $5,164/mo. Return on cash invested sits at 18.77% in year one, and rental yield is 9.84% on a $629,900 entry. Equity gained on principal adds $4,065/yr, while 5% annual appreciation builds toward $174,030 over five years. Five-year ROI reaches 99.81% and total cumulative return in cash sums $206,847. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,164/mo property income rather than buyer’s personal income.
Condo
Built in 1980
0.27 Acres lot
$N/A/sqft
$1,088 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lesley Kanehl • COLDWELL BANKER REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8380414
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