350 79th Ave N APT 236Saint PetersburgFL33702
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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
Investment property for sale in Saint Petersburg at 350 79th Ave N APT 236, Saint Petersburg, FL, 33702 offers a 9.12% rental yield on a $155,000 purchase with $1,178/mo rent. Total monthly income registers $1,178/mo, and a $759/mo payment leaves $149/mo available for distribution. Annual cash flow reaches $1,788/yr on $51,383 to close, and return on cash invested stands at 23.39% in year one. Equity gained on principal adds $1,000/yr while 5% annual appreciation supports $42,824 over five years. Portfolio math shows five-year ROI at 122.2% and total cumulative return in cash at $62,788. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,178/mo property income against a $759/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1970
1.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33702, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,664 (100%) |
| Owner Occupied HU | 8,981 (61.2%) |
| Renter Occupied HU | 4,329 (29.5%) |
| Vacant Housing Units | 1,354 ( 9.2%) |
| Median Home Value | $411,755 |
| Average Home Value | $465,872 |
Housing Distribution
Address Breakdown
Residential
15,540
Single Family
11,571
Multi-Family
3,969
Businesses
705
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Listed by: Rogel Prieto • SIGNATURE REALTY ASSOCIATES
Mls Name: Stellar MLS
Mls ID: #TB8420006