4560 Overlook Dr NE APT 271Saint PetersburgFL33703
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
Investment Highlights
Investment property for sale in Saint Petersburg at 4560 Overlook Dr NE APT 271, Saint Petersburg, FL, 33703 uses $59,670 cash to close to unlock $2,766/yr annual cash flow and $231/mo monthly cash flow. Total monthly income runs $1,425/mo, and a $881/mo payment keeps the spread at $231/mo. Purchase price stands at $180,000, and rental yield measures 9.5% with $1,425/mo rent. Return on cash invested shows 24.54% in year one, and 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 128.31% and total cumulative return in cash records $76,565. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,425/mo property income covering a $881/mo payment rather than investor’s personal income.
Condo
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jerilyn Rush • COMPASS FLORIDA LLC
Mls Name: Stellar MLS
Mls ID: #TB8422073