18 Jefferson Ct SSaint PetersburgFL33711
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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 Saint Petersburg at 18 Jefferson Ct S, Saint Petersburg, FL, 33711 priced at $1,299,000 converts $3,589/mo rent into after a $6,358/mo obligation. Total monthly income equals $3,589/mo. Return on cash invested prints 6.02% in year one, and rental yield reads 3.32% against a $1,299,000 entry. Equity gained on principal adds $8,382/yr, while 5% annual appreciation compiles into $358,890 by year five. Five-year ROI reaches 28.89% and total cumulative return in cash sums $121,585. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,589/mo property income covering a $6,358/mo payment, not borrower’s personal income.
Townhouse
Built in 1995
4,139 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33711, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,785 (100%) |
| Owner Occupied HU | 4,897 (50.0%) |
| Renter Occupied HU | 3,692 (37.7%) |
| Vacant Housing Units | 1,196 (12.2%) |
| Median Home Value | $399,107 |
| Average Home Value | $486,386 |
Housing Distribution
Address Breakdown
Residential
8,882
Single Family
6,634
Multi-Family
2,248
Businesses
426
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Listed by: Krissy Rackley • RE/MAX PREFERRED
Mls Name: Stellar MLS
Mls ID: #TB8445622