2056 62nd Ter SSaint PetersburgFL33712
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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 2056 62nd Ter S, Saint Petersburg, FL, 33712 listed at $544,999 pairs $3,398/mo rent with a $2,668/mo payment. Total monthly income runs $3,398/mo. Return on cash invested measures 18.6% in year one, and rental yield registers 7.48% at a $544,999 basis. Equity gained on principal adds $3,517/yr, and annual property appreciation at 5% supports $150,573 by year five. Five-year ROI tracks 96.37% and total cumulative return in cash totals $172,800. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,398/mo property income relative to a $2,668/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1961
7,684 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33712, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,543 (100%) |
| Owner Occupied HU | 5,785 (46.1%) |
| Renter Occupied HU | 5,828 (46.5%) |
| Vacant Housing Units | 930 ( 7.4%) |
| Median Home Value | $384,910 |
| Average Home Value | $457,502 |
Housing Distribution
Address Breakdown
Residential
12,048
Single Family
9,657
Multi-Family
2,391
Businesses
658
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Listed by: Edgar Sanabia • IMAGINE REALTY LLC
Mls Name: Stellar MLS
Mls ID: #TB8463518