245 104th Ave APT 7Treasure IslandFL33706
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 245 104th Ave APT 7, Treasure Island, FL, 33706 in Treasure Island achieves a 1.80 ratio at $359,000: $2,903/mo rent versus $1,614/mo debt service. Rental yield 9.7%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 9.7% yield compounds alongside 5% annual appreciation projecting $99,185 in value. Total projected cumulative return: $170,362.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.7% | 9.0% |
| Monthly Cash Flow | $(297) | $19,200 |
City averages based on Treasure Island market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,903 |
| Total Monthly Debt Service | $2,240 |
| DSCR Ratio | 1.30x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1968
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33706, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,617 (100%) |
| Owner Occupied HU | 6,397 (47.0%) |
| Renter Occupied HU | 2,347 (17.2%) |
| Vacant Housing Units | 4,873 (35.8%) |
| Median Home Value | $718,412 |
| Average Home Value | $864,993 |
Housing Distribution
Address Breakdown
Residential
10,352
Single Family
6,045
Multi-Family
4,307
Businesses
619
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
Condo
Built in 1968
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33706, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,617 (100%) |
| Owner Occupied HU | 6,397 (47.0%) |
| Renter Occupied HU | 2,347 (17.2%) |
| Vacant Housing Units | 4,873 (35.8%) |
| Median Home Value | $718,412 |
| Average Home Value | $864,993 |
Housing Distribution
Address Breakdown
Residential
10,352
Single Family
6,045
Multi-Family
4,307
Businesses
619
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Anastasia Bizzarri • REAL ESTATE WITH AN ACCENT LLC
Mls Name: Stellar MLS
Mls ID: #TB8475990