4530 Dr Martin Luther King Jr St NSaint PetersburgFL33703
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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 Petersburg at 4530 Dr Martin Luther King Jr St N, Saint Petersburg, FL, 33703 earns from $2,617/mo rent with a $2,570/mo payment. Total monthly income totals $2,617/mo. ROI tracks 14.03% on current figures, and rental yield reads 5.98% at a $525,000 purchase. Equity gained on principal adds $3,388/yr, and 5% annual appreciation supports $145,048 over five years. Five-year ROI reaches 71.9% and total cumulative return in cash sums $124,197. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,617/mo property income instead of your personal income.
Multi Family
Built in 1957
10,568 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33703, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,143 (100%) |
| Owner Occupied HU | 8,870 (73.0%) |
| Renter Occupied HU | 2,283 (18.8%) |
| Vacant Housing Units | 990 ( 8.2%) |
| Median Home Value | $557,929 |
| Average Home Value | $656,191 |
Housing Distribution
Address Breakdown
Residential
11,300
Single Family
9,784
Multi-Family
1,516
Businesses
259
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Listed by: Raul Montenegro, Jr • CHARLES RUTENBERG REALTY INC
Mls Name: Stellar MLS
Mls ID: #TB8428711