2172 42nd Ave NSaint PetersburgFL33714
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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 2172 42nd Ave N, Saint Petersburg, FL, 33714 offers a 8.03% rental yield on a $360,000 purchase with $2,408/mo rent. Total monthly income registers $2,408/mo, and a $1,762/mo payment leaves $19/mo available for distribution. Annual cash flow reaches $228/yr on $119,340 to close, and return on cash invested stands at 20.1% in year one. Equity gained on principal adds $2,323/yr while 5% annual appreciation supports $99,461 over five years. Portfolio math shows five-year ROI at 104.44% and total cumulative return in cash at $124,641. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,408/mo property income against a $1,762/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
5,885 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33714, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,841 (100%) |
| Owner Occupied HU | 5,967 (55.0%) |
| Renter Occupied HU | 3,800 (35.1%) |
| Vacant Housing Units | 1,074 ( 9.9%) |
| Median Home Value | $202,961 |
| Average Home Value | $266,179 |
Housing Distribution
Address Breakdown
Residential
9,349
Single Family
7,974
Multi-Family
1,375
Businesses
539
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Listed by: Clay Glover, Jr • RE/MAX ACTION FIRST OF FLORIDA
Mls Name: Stellar MLS
Mls ID: #TB8463488