4550 Overlook Dr NE APT 258Saint PetersburgFL33703
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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
Investment Highlights
Investment property for sale in Saint Petersburg at 4550 Overlook Dr NE APT 258, Saint Petersburg, FL, 33703 uses $53,766 cash to close to unlock $17,514/yr annual cash flow and $1,460/mo monthly cash flow. Total monthly income runs $2,536/mo, and a $794/mo payment keeps the spread at $1,460/mo. Purchase price stands at $162,191, and rental yield measures 18.76% with $2,536/mo rent. Return on cash invested shows 52.48% in year one, and 5% annual appreciation builds toward $44,810 over five years. Five-year ROI reaches 278.17% and total cumulative return in cash records $149,561. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,536/mo property income covering a $794/mo payment rather than investor’s personal income.
Apartment
Built in 1971
N/A 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: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A