2620 8th Ave NSaint PetersburgFL33713
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Nearby investment properties with comparable prices
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 2620 8th Ave N, Saint Petersburg, FL, 33713 generates $2,745/mo in rent, after a $2,521/mo payment. Total monthly income is $2,745/mo. Return on cash invested sits at 15.29% in year one, and rental yield is 6.4% on a $515,000 entry. Equity gained on principal adds $3,323/yr, while 5% annual appreciation builds toward $142,285 over five years. Five-year ROI reaches 78.68% and total cumulative return in cash sums $133,309. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,745/mo property income rather than buyer’s personal income.
Single Family
Built in 1945
6,011 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Colette Jay • HORIZON REALTY INTERNATIONAL
Mls Name: Stellar MLS
Mls ID: #A4652208