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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% |
Rental property for sale in Redington Shores at 17940 Gulf Blvd APT 7B, Redington Shores, FL, 33708 generates $4,592/mo in rent, after a $3,524/mo payment. Total monthly income is $4,592/mo. Return on cash invested sits at 19.12% in year one, and rental yield is 7.65% on a $720,000 entry. Equity gained on principal adds $4,646/yr, while 5% annual appreciation builds toward $198,923 over five years. Five-year ROI reaches 99.15% and total cumulative return in cash sums $234,859. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,592/mo property income rather than buyer’s personal income.
Condo
Built in 1982
1,165 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
No similar rental properties found nearby.
Listed by: Mounir El Beyrouty • INTERMAB INC
Mls Name: Stellar MLS
Mls ID: #TB8426159
