2044 Montana Ave NESaint 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
Rental property for sale in Saint Petersburg at 2044 Montana Ave NE, Saint Petersburg, FL, 33703 priced at $999,975 converts $6,610/mo rent into after a $4,894/mo obligation. Total monthly income equals $6,610/mo. Return on cash invested prints 19.9% in year one, and rental yield reads 7.93% against a $999,975 entry. Equity gained on principal adds $6,453/yr, while 5% annual appreciation compiles into $276,275 by year five. Five-year ROI reaches 103.4% and total cumulative return in cash sums $340,184. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,610/mo property income covering a $4,894/mo payment, not borrower’s personal income.
Single Family
Built in 1973
9,588 sqft lot
$N/A/sqft
$17 monthly 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: John Tuccio • FLORIDA LUXURY REALTY INC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #W7867812
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511