4048 23RD Avenue NSaint PetersburgFL33713
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 4048 23RD Avenue N, Saint Petersburg, FL, 33713 in Saint Petersburg is narrow, $161/mo net on $3,074/mo rent after the $1,974/mo debt service, but the property operates at break-even-plus, not a loss. At $439,000 with a 8.4% yield, the long-run equity case via 5% appreciation ($121,288 over five years) and $4,043/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.56 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $177,684.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 6.0% |
| Monthly Cash Flow | $161 | $1,800 |
City averages based on Saint Petersburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,074 |
| Total Monthly Debt Service | $2,739 |
| DSCR Ratio | 1.12x |
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 1956
N/A lot
$N/A/sqft
No HOA
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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 1956
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices