248 79th Ave NESaint PetersburgFL33702
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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 248 79th Ave NE, Saint Petersburg, FL, 33702 listed at $469,900 pairs $3,536/mo rent with a $2,300/mo payment to leave $418/mo cash flow. Total monthly income runs $3,536/mo, and annual cash flow reaches $5,011/yr on $155,772 cash to close. Return on cash invested measures 23.13% in year one, and rental yield registers 9.03% at a $469,900 basis. Equity gained on principal adds $3,032/yr, and annual property appreciation at 5% supports $129,825 by year five. Five-year ROI tracks 120.69% and total cumulative return in cash totals $187,994. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,536/mo property income relative to a $2,300/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
8,503 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33702, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,664 (100%) |
| Owner Occupied HU | 8,981 (61.2%) |
| Renter Occupied HU | 4,329 (29.5%) |
| Vacant Housing Units | 1,354 ( 9.2%) |
| Median Home Value | $411,755 |
| Average Home Value | $465,872 |
Housing Distribution
Address Breakdown
Residential
15,540
Single Family
11,571
Multi-Family
3,969
Businesses
705
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Listed by: Ashli James • KELLER WILLIAMS TAMPA PROP.
Mls Name: Stellar MLS
Mls ID: #TB8460625