3480 41st Ave S APT 178Saint PetersburgFL33711
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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 3480 41st Ave S APT 178, Saint Petersburg, FL, 33711 generates $1,491/mo in rent and, after a $950/mo payment, leaves $203/mo in cash flow. Total monthly income is $1,491/mo, and annual cash flow is $2,437/yr on $64,311 invested. Return on cash invested sits at 23.7% in year one, and rental yield is 9.22% on a $194,000 entry. Equity gained on principal adds $1,252/yr, while 5% annual appreciation builds toward $53,599 over five years. Five-year ROI reaches 123.82% and total cumulative return in cash sums $79,628. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,491/mo property income rather than buyer’s personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33711, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,785 (100%) |
| Owner Occupied HU | 4,897 (50.0%) |
| Renter Occupied HU | 3,692 (37.7%) |
| Vacant Housing Units | 1,196 (12.2%) |
| Median Home Value | $399,107 |
| Average Home Value | $486,386 |
Housing Distribution
Address Breakdown
Residential
8,882
Single Family
6,634
Multi-Family
2,248
Businesses
426
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Listed by: Mark Baserap • COASTAL PROPERTIES GROUP
Mls Name: Stellar MLS
Mls ID: #TB8433623