1847 Shore Dr S APT 516South 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 516, South Pasadena, FL, 33707 earns $138/mo cash flow from $1,990/mo rent with a $1,366/mo payment. Total monthly income totals $1,990/mo, and annual cash flow totals $1,657/yr on $92,489 capital. ROI tracks 21.7% on current figures, and rental yield reads 8.56% at a $279,000 purchase. Equity gained on principal adds $1,800/yr, and 5% annual appreciation supports $77,083 over five years. Five-year ROI reaches 113.09% and total cumulative return in cash sums $104,599. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,990/mo property income instead of your personal income.
Condo
Built in 1969
N/A 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: Jennifer Kowalski • REALTY EXPERTS
Mls Name: Stellar MLS
Mls ID: #TB8427264