3753 46th Ave S APT 10Saint 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
Investment property for sale in Saint Petersburg at 3753 46th Ave S APT 10, Saint Petersburg, FL, 33711 uses $72,930 cash to close to unlock $802/yr annual cash flow and $67/mo monthly cash flow. Total monthly income runs $1,527/mo, and a $1,077/mo payment keeps the spread at $67/mo. Purchase price stands at $220,000, and rental yield measures 8.33% with $1,527/mo rent. Return on cash invested shows 21.01% in year one, and 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 109.32% and total cumulative return in cash records $79,727. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,527/mo property income covering a $1,077/mo payment rather than investor’s personal income.
Condo
Built in 1966
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: Mindy Olander • OLANDER REAL ESTATE PLLC
Mls Name: Stellar MLS
Mls ID: #TB8404627