379 Fan Palm Ct NESaint PetersburgFL33703
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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 379 Fan Palm Ct NE, Saint Petersburg, FL, 33703 listed at $995,000 pairs $9,332/mo rent with a $4,870/mo payment to leave $1,844/mo cash flow. Total monthly income runs $9,332/mo, and annual cash flow reaches $22,128/yr on $327,355 cash to close. Return on cash invested measures 26.82% in year one, and rental yield registers 11.25% at a $995,000 basis. Equity gained on principal adds $6,421/yr, and annual property appreciation at 5% supports $274,900 by year five. Five-year ROI tracks 141.65% and total cumulative return in cash totals $463,698. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $9,332/mo property income relative to a $4,870/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1994
9,239 sqft lot
$N/A/sqft
$691 monthly 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
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Listed by: Jo Anne Malone • HOFACKER & ASSOCIATES INC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #U8247074
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