321 35th Ave N UNIT D-7Saint PetersburgFL33704
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe income profile at 321 35th Ave N UNIT D-7, Saint Petersburg, FL, 33704 in Saint Petersburg is straightforward: $182,400 in, $1,860/mo in rent, $301/mo out after debt service. The 12.24% gross yield and 2.27 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $50,394 by year five. With $1,680/yr in principal equity, the total cumulative return is projected at $90,411.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.2% | 6.0% |
| Monthly Cash Flow | $301 | $1,800 |
City averages based on Saint Petersburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,860 |
| Total Monthly Debt Service | $1,487 |
| DSCR Ratio | 1.25x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1968
0.50 Acres lot
$N/A/sqft
$349 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33704, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,473 (100%) |
| Owner Occupied HU | 5,476 (64.6%) |
| Renter Occupied HU | 2,246 (26.5%) |
| Vacant Housing Units | 751 ( 8.9%) |
| Median Home Value | $703,033 |
| Average Home Value | $882,467 |
Housing Distribution
Address Breakdown
Residential
7,800
Single Family
6,785
Multi-Family
1,015
Businesses
387
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
Condo
Built in 1968
0.50 Acres lot
$N/A/sqft
$349 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33704, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,473 (100%) |
| Owner Occupied HU | 5,476 (64.6%) |
| Renter Occupied HU | 2,246 (26.5%) |
| Vacant Housing Units | 751 ( 8.9%) |
| Median Home Value | $703,033 |
| Average Home Value | $882,467 |
Housing Distribution
Address Breakdown
Residential
7,800
Single Family
6,785
Multi-Family
1,015
Businesses
387
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices