270 NE Blvd NSaint PetersburgFL33702
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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 270 NE Blvd N, Saint Petersburg, FL, 33702 with 5% annual appreciation on a $362,000 basis while $2,486/mo rent supports operations. Total monthly income totals $2,486/mo and a $1,772/mo payment preserves $84/mo for cash returns. Annual cash flow comes to $1,002/yr on $120,003 deployed, and return on cash invested reaches 20.74% in year one. Equity gained on principal adds $2,336/yr, and five-year appreciation sums $100,014 alongside rental yield of 8.24%. Five-year ROI measures 107.92% and total cumulative return in cash totals $129,505.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,486/mo property income versus a $1,772/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1974
6,821 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33702, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,664 (100%) |
| Owner Occupied HU | 8,981 (61.2%) |
| Renter Occupied HU | 4,329 (29.5%) |
| Vacant Housing Units | 1,354 ( 9.2%) |
| Median Home Value | $411,755 |
| Average Home Value | $465,872 |
Housing Distribution
Address Breakdown
Residential
15,540
Single Family
11,571
Multi-Family
3,969
Businesses
705
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Listed by: Steven Weber • GREAT WESTERN REALTY
Mls Name: Stellar MLS
Mls ID: #TB8406181