4061 55th Way N APT 1042Kenneth CityFL33709
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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
Rental property for sale in Kenneth City at 4061 55th Way N APT 1042, Kenneth City, FL, 33709 generates $1,173/mo in rent and, after a $759/mo payment, leaves $144/mo in cash flow. Total monthly income is $1,173/mo, and annual cash flow is $1,728/yr on $51,383 invested. Return on cash invested sits at 23.27% in year one, and rental yield is 9.08% on a $155,000 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 121.59% and total cumulative return in cash sums $62,476. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,173/mo property income rather than buyer’s personal income.
Condo
Built in 1965
0.25 Acres 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
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Listed by: Melony Chaney • CENTURY 21 LISTSMART
Mls Name: Stellar MLS
Mls ID: #TB8426426