4325 58th Way N APT 1424Kenneth 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 4325 58th Way N APT 1424, Kenneth City, FL, 33709 generates $1,768/mo in rent and, after a $759/mo payment, leaves $259/mo in cash flow. Total monthly income is $1,768/mo, and annual cash flow is $3,108/yr on $51,383 invested. Return on cash invested sits at 25.96% in year one, and rental yield is 13.69% 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 140.04% and total cumulative return in cash sums $71,956. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,768/mo property income rather than buyer’s personal income.
Condo
Built in 1966
0.77 Acres lot
$N/A/sqft
$480 monthly 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: Tatiana Huudma • DEMETER PROPERTIES INC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8325234
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