249 41st Ave NESaint PetersburgFL33703
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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 249 41st Ave NE, Saint Petersburg, FL, 33703 listed at $359,500 pairs $2,518/mo rent with a $1,760/mo payment to leave $132/mo cash flow. Total monthly income runs $2,518/mo, and annual cash flow reaches $1,582/yr on $119,174 cash to close. Return on cash invested measures 21.24% in year one, and rental yield registers 8.41% at a $359,500 basis. Equity gained on principal adds $2,320/yr, and annual property appreciation at 5% supports $99,323 by year five. Five-year ROI tracks 110.54% and total cumulative return in cash totals $131,732. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,518/mo property income relative to a $1,760/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
8,100 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33703, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,143 (100%) |
| Owner Occupied HU | 8,870 (73.0%) |
| Renter Occupied HU | 2,283 (18.8%) |
| Vacant Housing Units | 990 ( 8.2%) |
| Median Home Value | $557,929 |
| Average Home Value | $656,191 |
Housing Distribution
Address Breakdown
Residential
11,300
Single Family
9,784
Multi-Family
1,516
Businesses
259
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Listed by: Christopher Featherston • ATLAS REALTY GROUP
Mls Name: Stellar MLS
Mls ID: #TB8375827