252 Mateo Way NESaint PetersburgFL33704
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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 252 Mateo Way NE, Saint Petersburg, FL, 33704 priced at $929,000 converts $4,770/mo rent into after a $4,547/mo obligation. Total monthly income equals $4,770/mo. Return on cash invested prints 13.12% in year one, and rental yield reads 6.16% against a $929,000 entry. Equity gained on principal adds $5,995/yr, while 5% annual appreciation compiles into $256,666 by year five. Five-year ROI reaches 67.51% and total cumulative return in cash sums $206,348. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,770/mo property income covering a $4,547/mo payment, not borrower’s personal income.
Multi Family
Built in 1954
9,892 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33704, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,473 (100%) |
| Owner Occupied HU | 5,476 (64.6%) |
| Renter Occupied HU | 2,246 (26.5%) |
| Vacant Housing Units | 751 ( 8.9%) |
| Median Home Value | $703,033 |
| Average Home Value | $882,467 |
Housing Distribution
Address Breakdown
Residential
7,800
Single Family
6,785
Multi-Family
1,015
Businesses
387
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Listed by: Feven Abraham • DALTON WADE INC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8327139
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511