260 8th St NSaint PetersburgFL33701
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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 260 8th St N, Saint Petersburg, FL, 33701 generates $5,180/mo in rent, after a $3,999/mo payment. Total monthly income is $5,180/mo. Return on cash invested sits at 18.98% in year one, and rental yield is 7.61% on a $817,000 entry. Equity gained on principal adds $5,272/yr, while 5% annual appreciation builds toward $225,722 over five years. Five-year ROI reaches 98.43% and total cumulative return in cash sums $264,569. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,180/mo property income rather than buyer’s personal income.
Townhouse
Built in 2019
1,285 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33701, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,857 (100%) |
| Owner Occupied HU | 4,780 (32.2%) |
| Renter Occupied HU | 7,946 (53.5%) |
| Vacant Housing Units | 2,131 (14.3%) |
| Median Home Value | $680,200 |
| Average Home Value | $846,003 |
Housing Distribution
Address Breakdown
Residential
13,067
Single Family
4,473
Multi-Family
8,594
Businesses
1,397
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Listed by: Ryan Schnyders • KELLER WILLIAMS SOUTH TAMPA
Mls Name: Stellar MLS
Mls ID: #TB8443808