2334 42nd Ave N #16Saint PetersburgFL33714
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2334 42nd Ave N #16, Saint Petersburg, FL, 33714 earns $127/mo cash flow from $989/mo rent with a $636/mo payment. Total monthly income totals $989/mo, and annual cash flow totals $1,521/yr on $43,062 capital. ROI tracks 23.44% on current figures, and rental yield reads 9.14% at a $129,900 purchase. Equity gained on principal adds $838/yr, and 5% annual appreciation supports $35,889 over five years. Five-year ROI reaches 122.41% and total cumulative return in cash sums $52,711. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $989/mo property income instead of your personal income.
Manufactured
Built in 2023
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tori Coil • Silver Lake
Mls Name: My State MLS
Mls ID: #11491435