403 Gulf Way APT 304Saint Pete BeachFL33706
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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
Investment Highlights
Investment property for sale in Saint Pete Beach at 403 Gulf Way APT 304, Saint Pete Beach, FL, 33706 earns $694/mo cash flow from $5,915/mo rent with a $3,181/mo payment. Total monthly income totals $5,915/mo, and annual cash flow totals $8,327/yr on $213,850 capital. ROI tracks 23.95% on current figures, and rental yield reads 10.92% at a $650,000 purchase. Equity gained on principal adds $4,194/yr, and 5% annual appreciation supports $179,583 over five years. Five-year ROI reaches 126.93% and total cumulative return in cash sums $271,442. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,915/mo property income instead of your personal income.
Condo
Built in 1974
0.40 Acres lot
$N/A/sqft
$908 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33706, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,617 (100%) |
| Owner Occupied HU | 6,397 (47.0%) |
| Renter Occupied HU | 2,347 (17.2%) |
| Vacant Housing Units | 4,873 (35.8%) |
| Median Home Value | $718,412 |
| Average Home Value | $864,993 |
Housing Distribution
Address Breakdown
Residential
10,352
Single Family
6,045
Multi-Family
4,307
Businesses
619
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Listed by: Sean Hurley • FRANK T HURLEY ASSOC INC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #U8239606
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511