345 Boca Ciega Point BlvdSaint PetersburgFL33708
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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 345 Boca Ciega Point Blvd, Saint Petersburg, FL, 33708 priced at $685,000 converts $3,596/mo rent into after a $3,353/mo obligation. Total monthly income equals $3,596/mo. Return on cash invested prints 15% in year one, and rental yield reads 6.3% against a $685,000 entry. Equity gained on principal adds $4,420/yr, while 5% annual appreciation compiles into $189,253 by year five. Five-year ROI reaches 77.07% and total cumulative return in cash sums $173,698. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,596/mo property income covering a $3,353/mo payment, not borrower’s personal income.
Single Family
Built in 1971
1.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33708, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,781 (100%) |
| Owner Occupied HU | 6,160 (48.2%) |
| Renter Occupied HU | 2,266 (17.7%) |
| Vacant Housing Units | 4,355 (34.1%) |
| Median Home Value | $575,753 |
| Average Home Value | $706,923 |
Housing Distribution
Address Breakdown
Residential
9,631
Single Family
6,102
Multi-Family
3,529
Businesses
528
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Listed by: Jodi Avery • KELLER WILLIAMS SOUTH TAMPA
Mls Name: Stellar MLS
Mls ID: #TB8432997