3990 58th St NSaint PetersburgFL33709
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 3990 58th St N, Saint Petersburg, FL, 33709 in Saint Petersburg speaks for itself: 11.18% gross on a $249,900 price, generating $2,328/mo in rent and $619/mo in net income after the $1,124/mo debt service. DSCR 2.07, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $7,431 stacks alongside $69,043 in projected five-year appreciation and $2,302/yr in principal reduction. Projected total cumulative return: $135,317.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.2% | 6.0% |
| Monthly Cash Flow | $619 | $1,800 |
City averages based on Saint Petersburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,328 |
| Total Monthly Debt Service | $1,609 |
| DSCR Ratio | 1.45x |
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.
Single Family
Built in 1943
7,431 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33709, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,719 (100%) |
| Owner Occupied HU | 9,528 (64.7%) |
| Renter Occupied HU | 3,231 (22.0%) |
| Vacant Housing Units | 1,960 (13.3%) |
| Median Home Value | $280,859 |
| Average Home Value | $309,147 |
Housing Distribution
Address Breakdown
Residential
13,630
Single Family
10,773
Multi-Family
2,857
Businesses
700
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
Single Family
Built in 1943
7,431 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33709, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,719 (100%) |
| Owner Occupied HU | 9,528 (64.7%) |
| Renter Occupied HU | 3,231 (22.0%) |
| Vacant Housing Units | 1,960 (13.3%) |
| Median Home Value | $280,859 |
| Average Home Value | $309,147 |
Housing Distribution
Address Breakdown
Residential
13,630
Single Family
10,773
Multi-Family
2,857
Businesses
700
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices