249 Pompano Dr SE #BSaint PetersburgFL33705
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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
Rental property for sale in Saint Petersburg at 249 Pompano Dr SE #B, Saint Petersburg, FL, 33705 priced at $425,000 pairs $2,628/mo rent with after a $2,080/mo payment. Total monthly income equals $2,628/mo. Return on cash invested is 18.27% in year one, and rental yield stands at 7.42% on a $425,000 basis. Equity gained on principal adds $2,742/yr, and 5% annual appreciation accumulates to $117,420 by year five. Five-year ROI measures 94.65% and total cumulative return in cash reaches $133,349. For financing, Ziffy Mortgage’s DSCR program evaluates $2,628/mo property income against a $2,080/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33705, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,777 (100%) |
| Owner Occupied HU | 6,533 (44.2%) |
| Renter Occupied HU | 6,370 (43.1%) |
| Vacant Housing Units | 1,874 (12.7%) |
| Median Home Value | $465,376 |
| Average Home Value | $543,923 |
Housing Distribution
Address Breakdown
Residential
14,118
Single Family
10,257
Multi-Family
3,861
Businesses
605
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Listed by: Jonae Peck • KELLER WILLIAMS SOUTH TAMPA
Mls Name: Stellar MLS
Mls ID: #TB8424369