3718 Alabama Ave NESaint PetersburgFL33703
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 3718 Alabama Ave NE, Saint Petersburg, FL, 33703 offers a 7.91% rental yield on a $594,500 purchase with $3,919/mo rent. 9% in year one. Equity gained on principal adds $3,836/yr while 5% annual appreciation supports $164,249 over five years. Portfolio math shows five-year ROI at 103.34% and total cumulative return in cash at $202,129. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,919/mo property income against a $2,910/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
8,978 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33703, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,143 (100%) |
| Owner Occupied HU | 8,870 (73.0%) |
| Renter Occupied HU | 2,283 (18.8%) |
| Vacant Housing Units | 990 ( 8.2%) |
| Median Home Value | $557,929 |
| Average Home Value | $656,191 |
Housing Distribution
Address Breakdown
Residential
11,300
Single Family
9,784
Multi-Family
1,516
Businesses
259
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mia Squitiro • PREMIER SOTHEBYS INTL REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #U8199740