2837 31st St NSaint PetersburgFL33713
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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 2837 31st St N, Saint Petersburg, FL, 33713 offers a 9.15% rental yield on a $480,000 purchase with $3,661/mo rent. Total monthly income registers $3,661/mo, and a $2,349/mo payment leaves $476/mo available for distribution. Annual cash flow reaches $5,712/yr on $159,120 to close, and return on cash invested stands at 23.5% in year one. Equity gained on principal adds $3,097/yr while 5% annual appreciation supports $132,615 over five years. Portfolio math shows five-year ROI at 122.67% and total cumulative return in cash at $195,185. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,661/mo property income against a $2,349/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
7,444 sqft lot
$N/A/sqft
No HOA
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Listed by: Mark Longenecker • FUTURE HOME REALTY INC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #U8250682
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