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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 17920 Gulf Blvd APT 205, Redington Shores, FL, 33708 listed at $600,000 pairs $5,599/mo rent with a $2,937/mo payment to leave $558/mo cash flow. Total monthly income runs $5,599/mo, and annual cash flow reaches $6,690/yr on $197,400 cash to close. Return on cash invested measures 23.45% in year one, and rental yield registers 11.2% at a $600,000 basis. Equity gained on principal adds $3,872/yr, and annual property appreciation at 5% supports $165,769 by year five. Five-year ROI tracks 124.73% and total cumulative return in cash totals $246,216. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,599/mo property income relative to a $2,937/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1974
N/A lot
$N/A/sqft
$892 monthly 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 |
|---|---|---|
| 2025-01-16 | Listed for rent | $5,000 |
| 2024-10-24 | Listed for sale | $600,000 |
| 2024-09-28 | Listing removed | $650,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-12 | $7351.70 | 13.33% | $469,542 | 10.00% |
| 2022-02-12 | $6486.80 | 31.27% | $426,856 | 38.70% |
| 2021-02-12 | $4941.48 | 6.05% | $307,762 | 7.80% |
Listed by: Matthew R Gordon • MCBRIDE KELLY & ASSOCIATES
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8306255
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
