200 4th Ave S UNIT 302Saint PetersburgFL33701
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
Investment Highlights
Investment property for sale in Saint Petersburg at 200 4th Ave S UNIT 302, Saint Petersburg, FL, 33701 offers a 8.88% rental yield on a $525,000 purchase with $3,884/mo rent. Total monthly income registers $3,884/mo, and a $2,570/mo payment leaves $400/mo available for distribution. Annual cash flow reaches $4,795/yr on $172,725 to close, and return on cash invested stands at 22.84% in year one. Equity gained on principal adds $3,388/yr while 5% annual appreciation supports $145,048 over five years. Portfolio math shows five-year ROI at 119.11% and total cumulative return in cash at $205,725. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,884/mo property income against a $2,570/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33701, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,857 (100%) |
| Owner Occupied HU | 4,780 (32.2%) |
| Renter Occupied HU | 7,946 (53.5%) |
| Vacant Housing Units | 2,131 (14.3%) |
| Median Home Value | $680,200 |
| Average Home Value | $846,003 |
Housing Distribution
Address Breakdown
Residential
13,067
Single Family
4,473
Multi-Family
8,594
Businesses
1,397
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephen Hachey • REALTY OF RIVERVIEW LLC
Mls Name: Stellar MLS
Mls ID: #TB8454450