2646 61st Ave NSaint PetersburgFL33714
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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 2646 61st Ave N, Saint Petersburg, FL, 33714 uses $102,434 cash to close to unlock $8,386/yr annual cash flow and $699/mo monthly cash flow. Total monthly income runs $2,749/mo, and a $1,512/mo payment keeps the spread at $699/mo. Purchase price stands at $309,000, and rental yield measures 10.68% with $2,749/mo rent. Return on cash invested shows 28.1% in year one, and 5% annual appreciation builds toward $85,371 over five years. Five-year ROI reaches 147.33% and total cumulative return in cash records $150,917. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,749/mo property income covering a $1,512/mo payment rather than investor’s personal income.
Single Family
Built in 1978
5,284 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33714, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,841 (100%) |
| Owner Occupied HU | 5,967 (55.0%) |
| Renter Occupied HU | 3,800 (35.1%) |
| Vacant Housing Units | 1,074 ( 9.9%) |
| Median Home Value | $202,961 |
| Average Home Value | $266,179 |
Housing Distribution
Address Breakdown
Residential
9,349
Single Family
7,974
Multi-Family
1,375
Businesses
539
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Listed by: Helen Greiner • COASTAL PROPERTIES GROUP INTERNATIONAL
Mls Name: Stellar MLS
Mls ID: #TB8460861