3850 13th Ave N APT 105Saint PetersburgFL33713
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 3850 13th Ave N APT 105, Saint Petersburg, FL, 33713 in Saint Petersburg. Priced at $269,500, it generates $2,452/mo in gross rent and $663/mo in net monthly cash flow, a 10.92% yield that comfortably supports the 2.02 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $7,958. Five-year appreciation: $74,458. Equity from principal paydown: $2,482/yr. Total projected cumulative return: $145,437.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 6.0% |
| Monthly Cash Flow | $663 | $1,800 |
City averages based on Saint Petersburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,452 |
| Total Monthly Debt Service | $1,681 |
| DSCR Ratio | 1.46x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1972
N/A lot
$N/A/sqft
No HOA
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
Condo
Built in 1972
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Maria Herrera • MC HOMES REALTY INC
Mls Name: Stellar MLS
Mls ID: #TB8450234