3885 Pompano Dr SE APT B, Saint Petersburg, FL, 33705 | $33/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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3885 Pompano Dr SE APT B, Saint Petersburg, FL, 33705 | $33/mo Cash Flow | Ziffy

For Sale

Rental Income

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Saint Petersburg at 3885 Pompano Dr SE APT B, Saint Petersburg, FL, 33705 uses $66,300 cash to close to unlock $392/yr annual cash flow and $33/mo monthly cash flow. Total monthly income runs $1,360/mo, and a $979/mo payment keeps the spread at $33/mo. Purchase price stands at $200,000, and rental yield measures 8.16% with $1,360/mo rent. Return on cash invested shows 20.5% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 106.64% and total cumulative return in cash records $70,700. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,360/mo property income covering a $979/mo payment rather than investor’s personal income.

Condo

Built in 1979

N/A lot

$N/A/sqft

No HOA

More details about the property

Live the ultimate St. Pete lifestyle in this ground-floor waterfront condo on Coquina Key! Enjoy serene water views right from your private pavered patio in this updated 1-bedroom, 1-bath home with stylish flooring and open living spaces. Waterside at Coquina Key offers everything you could want in resort-style living: three sparkling pools, two fitness centers, tennis and pickleball courts, basketball, volleyball, a fishing pier, and a dog park. The waterfront clubhouse with a full bar is perfect for social gatherings, and you can even rent boat slips. This gated, pet-friendly, and VA-approved community is just minutes to downtown St. Petes restaurants, shops, and nightlife. Short-term rentals are permitted a limited number of times per year, giving you flexibility whether youre looking for a primary residence, seasonal getaway, or investment opportunity.

Neighborhood Data

Neighborhood data shown for ZIP Code: 33705, Saint Petersburg, FL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	14,777 (100%)
Owner Occupied HU	6,533 (44.2%)
Renter Occupied HU	6,370 (43.1%)
Vacant Housing Units	1,874 (12.7%)
Median Home Value	$465,376
Average Home Value	$543,923