321 15th St NSaint PetersburgFL33705
Nearby investment properties with comparable rents
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 321 15th St N, Saint Petersburg, FL, 33705 offers $4,787/mo rent that, after a $2,839/mo payment, leaves $938/mo cash flow. Total monthly income is $4,787/mo, and annual cash flow is $11,254/yr on $190,820 cash. Return on cash invested measures 25.96% in year one, and rental yield stands at 9.9% at a $580,000 entry. Equity gained on principal adds $3,743/yr while 5% annual appreciation compounds into $160,243 by year five. Five-year ROI records 135.83% and total cumulative return in cash reaches $259,197. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,787/mo property income versus a $2,839/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2024
5,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33705, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,777 (100%) |
| Owner Occupied HU | 6,533 (44.2%) |
| Renter Occupied HU | 6,370 (43.1%) |
| Vacant Housing Units | 1,874 (12.7%) |
| Median Home Value | $465,376 |
| Average Home Value | $543,923 |
Housing Distribution
Address Breakdown
Residential
14,118
Single Family
10,257
Multi-Family
3,861
Businesses
605
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Nearby investment properties with comparable prices
Listed by: Kaelyn Hughes • ONYX AND EAST REALTY LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8393193