1860 Massachusetts Ave NE APT 223Saint PetersburgFL33703
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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 Saint Petersburg at 1860 Massachusetts Ave NE APT 223, Saint Petersburg, FL, 33703 earns $149/mo cash flow from $1,144/mo rent with a $734/mo payment. Total monthly income totals $1,144/mo, and annual cash flow totals $1,787/yr on $49,692 capital. ROI tracks 23.51% on current figures, and rental yield reads 9.16% at a $149,900 purchase. Equity gained on principal adds $967/yr, and 5% annual appreciation supports $41,415 over five years. Five-year ROI reaches 122.7% and total cumulative return in cash sums $60,971. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,144/mo property income instead of your personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33703, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,143 (100%) |
| Owner Occupied HU | 8,870 (73.0%) |
| Renter Occupied HU | 2,283 (18.8%) |
| Vacant Housing Units | 990 ( 8.2%) |
| Median Home Value | $557,929 |
| Average Home Value | $656,191 |
Housing Distribution
Address Breakdown
Residential
11,300
Single Family
9,784
Multi-Family
1,516
Businesses
259
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Listed by: Tiffany McAlister • REALTY ONE GROUP SUNSHINE
Mls Name: Stellar MLS
Mls ID: #TB8430699