3800 1st Ave SSaint 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 3800 1st Ave S, Saint Petersburg, FL, 33711 uses $142,214 cash to close to unlock $7,750/yr annual cash flow and $646/mo monthly cash flow. Total monthly income runs $3,493/mo, and a $2,100/mo payment keeps the spread at $646/mo. Purchase price stands at $429,000, and rental yield measures 9.77% with $3,493/mo rent. Return on cash invested shows 25.36% in year one, and 5% annual appreciation builds toward $118,525 over five years. Five-year ROI reaches 132.65% and total cumulative return in cash records $188,641. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,493/mo property income covering a $2,100/mo payment rather than investor’s personal income.
Single Family
Built in 1946
6,856 sqft 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: Justin Dean • DEAN & DEWITT PROPERTIES
Mls Name: Stellar MLS
Mls ID: #TB8469576