1847 Shore Dr S APT 202South PasadenaFL33707
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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
Investment property for sale in South Pasadena at 1847 Shore Dr S APT 202, South Pasadena, FL, 33707 earns $109/mo cash flow from $872/mo rent with a $563/mo payment. Total monthly income totals $872/mo, and annual cash flow totals $1,305/yr on $38,123 capital. ROI tracks 23.33% on current figures, and rental yield reads 9.1% at a $115,000 purchase. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 over five years. Five-year ROI reaches 121.84% and total cumulative return in cash sums $46,449. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $872/mo property income instead of your personal income.
Condo
Built in 1969
3.43 Acres lot
$N/A/sqft
No 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
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Listed by: Tracy Crowell • COLDWELL BANKER REALTY
Mls Name: Stellar MLS
Mls ID: #TB8440714