3315 58th Ave S APT 218Saint PetersburgFL33712
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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
Rental property for sale in Saint Petersburg at 3315 58th Ave S APT 218, Saint Petersburg, FL, 33712 generates $769/mo in rent and, after a $489/mo payment, leaves $106/mo in cash flow. Total monthly income is $769/mo, and annual cash flow is $1,270/yr on $33,150 invested. Return on cash invested sits at 23.74% in year one, and rental yield is 9.23% on a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 123.99% and total cumulative return in cash sums $41,104. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $769/mo property income rather than buyer’s personal income.
Condo
Built in 1962
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33712, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,543 (100%) |
| Owner Occupied HU | 5,785 (46.1%) |
| Renter Occupied HU | 5,828 (46.5%) |
| Vacant Housing Units | 930 ( 7.4%) |
| Median Home Value | $384,910 |
| Average Home Value | $457,502 |
Housing Distribution
Address Breakdown
Residential
12,048
Single Family
9,657
Multi-Family
2,391
Businesses
658
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Listed by: Mauricio Quintero • MQ Realty Group
Mls Name: MIAMI
Mls ID: #A11842310