2197 63rd Ave 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 2197 63rd Ave S, Saint Petersburg, FL, 33712 offers a 10.41% rental yield on a $470,000 purchase with $4,079/mo rent. Total monthly income registers $4,079/mo, and a $2,300/mo payment leaves $960/mo available for distribution. Annual cash flow reaches $11,525/yr on $155,805 to close, and return on cash invested stands at 27.31% in year one. Equity gained on principal adds $3,033/yr while 5% annual appreciation supports $129,852 over five years. Portfolio math shows five-year ROI at 143.11% and total cumulative return in cash at $222,969. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,079/mo property income against a $2,300/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1969
7,993 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: Yornelly Sanchez Manrique • LEVO REAL ESTATE LLC
Mls Name: Stellar MLS
Mls ID: #S5134134