2188 Corinne Ct S APT ASaint 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
Rental property for sale in Saint Petersburg at 2188 Corinne Ct S APT A, Saint Petersburg, FL, 33712 priced at $188,000 pairs $1,468/mo rent with $221/mo cash flow after a $920/mo payment. Total monthly income equals $1,468/mo, and annual cash flow comes to $2,647/yr on $62,322 invested. Return on cash invested is 24.16% in year one, and rental yield stands at 9.37% on a $188,000 basis. Equity gained on principal adds $1,213/yr, and 5% annual appreciation accumulates to $51,941 by year five. Five-year ROI measures 126.25% and total cumulative return in cash reaches $78,680. For financing, Ziffy Mortgage’s DSCR program evaluates $1,468/mo property income against a $920/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1980
N/A 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: Tony Riksvold Horge • PREFERRED SHORE LLC
Mls Name: Stellar MLS
Mls ID: #A4651881