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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 118, Redington Shores, FL, 33708 uses $213,817 cash to close to unlock $3,685/yr annual cash flow and $307/mo monthly cash flow. Total monthly income runs $4,620/mo, and a $3,181/mo payment keeps the spread at $307/mo. Purchase price stands at $649,900, and rental yield measures 8.53% with $4,620/mo rent. Return on cash invested shows 21.78% in year one, and 5% annual appreciation builds toward $179,555 over five years. Five-year ROI reaches 113.47% and total cumulative return in cash records $242,622. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,620/mo property income covering a $3,181/mo payment rather than investor’s personal income.
Townhouse
Built in 1989
680 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 | ||||
Listed by: Joseph Cannizzaro • EMPIRE REALTY OF PINELLAS
Mls Name: Stellar MLS
Mls ID: #TB8423911
