216 29th St 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 216 29th St S, Saint Petersburg, FL, 33712 earns from $960/mo rent with a $1,811/mo payment. Total monthly income totals $960/mo. ROI tracks 5.28% on current figures, and rental yield reads 3.11% at a $369,999 purchase. Equity gained on principal adds $2,388/yr, and 5% annual appreciation supports $102,224 over five years. Five-year ROI reaches 24.98% and total cumulative return in cash sums $30,641. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $960/mo property income instead of your personal income.
Single Family
Built in 1920
6,355 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: Erica Antonakos • QUICKSILVER REAL ESTATE GROUP
Mls Name: Stellar MLS
Mls ID: #TB8428234