2245 3rd Ave NSaint PetersburgFL33713
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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 2245 3rd Ave N, Saint Petersburg, FL, 33713 listed at $550,000 pairs $2,520/mo rent with a $2,692/mo payment. Total monthly income runs $2,520/mo. Return on cash invested measures 12.57% in year one, and rental yield registers 5.5% at a $550,000 basis. Equity gained on principal adds $3,549/yr, and annual property appreciation at 5% supports $151,955 by year five. Five-year ROI tracks 64.05% and total cumulative return in cash totals $115,894. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,520/mo property income relative to a $2,692/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1925
5,715 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Sandra Dougherty • FLORIDA DRIVEN REAL ESTATE
Mls Name: Stellar MLS
Mls ID: #TB8467070