350 Pinellas Bayway S APT 7Tierra 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
Investment property for sale in Tierra Verde at 350 Pinellas Bayway S APT 7, Tierra Verde, FL, 33715 with 5% annual appreciation on a $825,000 basis while $4,851/mo rent supports operations. 3% in year one. Equity gained on principal adds $5,324/yr, and five-year appreciation sums $227,932 alongside rental yield of 7.06%. Five-year ROI measures 89.43% and total cumulative return in cash totals $242,745. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,851/mo property income versus a $4,038/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1982
0.55 Acres lot
$N/A/sqft
No 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: Barb Deggans • COLDWELL BANKER REALTY
Mls Name: Stellar MLS
Mls ID: #TB8380886