4000 24th St N #460PetersburgFL33714
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 9.47% yield at 4000 24th St N #460, Petersburg, FL, 33714 in Petersburg is solid, but the $463/mo payment compresses net cash flow to $129/mo at $102,900. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $28,429 by year five, and $948/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.75) without U.S. income documentation. Total projected return: $47,518.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 6.5% |
| Monthly Cash Flow | $129 | $1,500 |
City averages based on Petersburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $812 |
| Total Monthly Debt Service | $642 |
| DSCR Ratio | 1.26x |
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.
Manufactured
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33714, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,841 (100%) |
| Owner Occupied HU | 5,967 (55.0%) |
| Renter Occupied HU | 3,800 (35.1%) |
| Vacant Housing Units | 1,074 ( 9.9%) |
| Median Home Value | $202,961 |
| Average Home Value | $266,179 |
Housing Distribution
Address Breakdown
Residential
9,349
Single Family
7,974
Multi-Family
1,375
Businesses
539
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
Manufactured
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33714, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,841 (100%) |
| Owner Occupied HU | 5,967 (55.0%) |
| Renter Occupied HU | 3,800 (35.1%) |
| Vacant Housing Units | 1,074 ( 9.9%) |
| Median Home Value | $202,961 |
| Average Home Value | $266,179 |
Housing Distribution
Address Breakdown
Residential
9,349
Single Family
7,974
Multi-Family
1,375
Businesses
539
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tori Coil • Silver Lake
Mls Name: My State MLS
Mls ID: #11590536