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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 17960 Gulf Blvd APT 109, Redington Shores, FL, 33708 offers a 12.63% rental yield on a $749,000 purchase with $7,883/mo rent. Total monthly income registers $7,883/mo, and a $3,666/mo payment leaves $1,614/mo available for distribution. Annual cash flow reaches $19,365/yr on $246,421 to close, and return on cash invested stands at 27.92% in year one. Equity gained on principal adds $4,833/yr while 5% annual appreciation supports $206,935 over five years. Portfolio math shows five-year ROI at 148.64% and total cumulative return in cash at $366,280. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,883/mo property income against a $3,666/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1989
680 sqft lot
$N/A/sqft
$1,207 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 |
|---|---|---|
| 2024-02-28 | Price change | $749,000 |
| 2023-11-21 | Listed for sale | $799,000 |
| 2023-10-01 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $7763.88 | 12.80% | $444,852 | 10.00% |
| 2022-08-30 | $6882.87 | 11.13% | $404,411 | 10.00% |
| 2021-08-30 | $6193.63 | 13.54% | $367,646 | 10.00% |
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Listed by: Jason Rodriguez • TOMLIN, ST CYR & ASSOCIATES LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #T3486891
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
