350 6th Ave NTierra VerdeFL33715
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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 Tierra Verde at 350 6th Ave N, Tierra Verde, FL, 33715 generates $9,180/mo in rent and, after a $4,530/mo payment, leaves $2,522/mo in cash flow. Total monthly income is $9,180/mo, and annual cash flow is $30,264/yr on $304,508 invested. Return on cash invested sits at 30% in year one, and rental yield is 11.9% on a $925,555 entry. Equity gained on principal adds $5,972/yr, while 5% annual appreciation builds toward $255,714 over five years. Five-year ROI reaches 158.23% and total cumulative return in cash sums $481,831. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $9,180/mo property income rather than buyer’s personal income.
Single Family
Built in 1986
10,616 sqft lot
$N/A/sqft
$27 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33715, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,887 (100%) |
| Owner Occupied HU | 3,992 (58.0%) |
| Renter Occupied HU | 437 ( 6.3%) |
| Vacant Housing Units | 2,458 (35.7%) |
| Median Home Value | $689,474 |
| Average Home Value | $881,423 |
Housing Distribution
Address Breakdown
Residential
6,265
Single Family
2,121
Multi-Family
4,144
Businesses
125
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Listed by: Camilo Perez • HOME SOLD REALTY LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8344648
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511