4540 Overlook Dr NE APT 245Saint PetersburgFL33703
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe income profile at 4540 Overlook Dr NE APT 245, Saint Petersburg, FL, 33703 in Saint Petersburg is straightforward: $270,777 in, $2,987/mo in rent, $327/mo out after debt service. The 13.24% gross yield and 2.45 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $74,811 by year five. With $2,494/yr in principal equity, the total cumulative return is projected at $128,024.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.2% | 6.0% |
| Monthly Cash Flow | $327 | $1,800 |
City averages based on Saint Petersburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,987 |
| Total Monthly Debt Service | $2,552 |
| DSCR Ratio | 1.17x |
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.
Condo
Built in 1970
N/A lot
$N/A/sqft
$863 monthly 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
Nearby investment properties with comparable rents
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
Condo
Built in 1970
N/A lot
$N/A/sqft
$863 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices