434 Joyce Ter NSaint PetersburgFL33701
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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 Saint Petersburg at 434 Joyce Ter N, Saint Petersburg, FL, 33701 priced at $695,000 converts $4,738/mo rent into $126/mo cash flow after a $3,402/mo obligation. Total monthly income equals $4,738/mo, and annual cash flow totals $1,506/yr on $228,655 invested. Return on cash invested prints 20.72% in year one, and rental yield reads 8.18% against a $695,000 entry. Equity gained on principal adds $4,485/yr, while 5% annual appreciation compiles into $192,016 by year five. Five-year ROI reaches 107.75% and total cumulative return in cash sums $246,366. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,738/mo property income covering a $3,402/mo payment, not borrower’s personal income.
Multi Family
Built in 1925
4,299 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33701, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,857 (100%) |
| Owner Occupied HU | 4,780 (32.2%) |
| Renter Occupied HU | 7,946 (53.5%) |
| Vacant Housing Units | 2,131 (14.3%) |
| Median Home Value | $680,200 |
| Average Home Value | $846,003 |
Housing Distribution
Address Breakdown
Residential
13,067
Single Family
4,473
Multi-Family
8,594
Businesses
1,397
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Listed by: Steven Reilly • FUTURE HOME REALTY INC
Mls Name: Stellar MLS
Mls ID: #TB8452682