1819 Shore Dr S APT 103South PasadenaFL33707
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow1819 Shore Dr S APT 103, South Pasadena, FL, 33707 in South Pasadena is a top-tier cash-flow asset. At $244,000 it produces $3,617/mo in rent and $1,255/mo in net monthly income, a 17.79% gross rental yield. The DSCR of 3.30 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $15,059. Five-year appreciation adds $67,413, driving a total cumulative return of $177,047.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 17.8% | 6.0% |
| Monthly Cash Flow | $1,255 | $2,500 |
City averages based on South Pasadena market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,617 |
| Total Monthly Debt Service | $2,265 |
| DSCR Ratio | 1.60x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1968
N/A lot
$N/A/sqft
$654 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33707, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,791 (100%) |
| Owner Occupied HU | 9,258 (58.6%) |
| Renter Occupied HU | 4,057 (25.7%) |
| Vacant Housing Units | 2,476 (15.7%) |
| Median Home Value | $458,933 |
| Average Home Value | $604,684 |
Housing Distribution
Address Breakdown
Residential
14,754
Single Family
9,073
Multi-Family
5,681
Businesses
846
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1968
N/A lot
$N/A/sqft
$654 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33707, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,791 (100%) |
| Owner Occupied HU | 9,258 (58.6%) |
| Renter Occupied HU | 4,057 (25.7%) |
| Vacant Housing Units | 2,476 (15.7%) |
| Median Home Value | $458,933 |
| Average Home Value | $604,684 |
Housing Distribution
Address Breakdown
Residential
14,754
Single Family
9,073
Multi-Family
5,681
Businesses
846
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices