3850 13th Ave N APT 105,Saint Petersburg,FL,33713

Investment Highlights

Investment property for sale in Saint Petersburg at 3850 13th Ave N APT 105, Saint Petersburg, FL, 33713 listed at $269,500 pairs $2,452/mo rent with a $1,319/mo payment to leave $664/mo cash flow. Total monthly income runs $2,452/mo, and annual cash flow reaches $7,963/yr on $89,339 cash to close. Return on cash invested measures 28.82% in year one, and rental yield registers 10.92% at a $269,500 basis. Equity gained on principal adds $1,739/yr, and annual property appreciation at 5% supports $74,458 by year five. Five-year ROI tracks 151.26% and total cumulative return in cash totals $135,132. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,452/mo property income relative to a $1,319/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).