200 4th Ave S UNIT 324Saint PetersburgFL33701
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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
Rental property for sale in Saint Petersburg at 200 4th Ave S UNIT 324, Saint Petersburg, FL, 33701 generates $2,785/mo in rent and, after a $1,786/mo payment, leaves $363/mo in cash flow. Total monthly income is $2,785/mo, and annual cash flow is $4,359/yr on $120,998 invested. Return on cash invested sits at 23.51% in year one, and rental yield is 9.16% on a $365,000 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 122.77% and total cumulative return in cash sums $148,543. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,785/mo property income rather than buyer’s personal income.
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
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Listed by: Jennifer Thayer • MICHAEL SAUNDERS & COMPANY
Mls Name: Stellar MLS
Mls ID: #TB8437202