247 126th AveTreasure IslandFL33706
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Treasure Island rental at 247 126th Ave, Treasure Island, FL, 33706 sits in the solid-income band: 9.42% gross yield, $7,283/mo rent, $1,128/mo net after the $4,171/mo debt service, DSCR 1.75. Entry price of $927,500 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $256,251 and $8,542/yr in principal reduction bring total cumulative return to $426,067.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 9.0% |
| Monthly Cash Flow | $1,128 | $19,200 |
City averages based on Treasure Island market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $7,283 |
| Total Monthly Debt Service | $5,786 |
| DSCR Ratio | 1.26x |
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.
Single Family
Built in 1991
4,500 sqft 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
Single Family
Built in 1991
4,500 sqft 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: Casey Lynn Fitzgerald • COMPASS FLORIDA, LLC
Mls Name: Stellar MLS
Mls ID: #TB8467560