470 3rd St S UNIT 602Saint 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
Investment property for sale in Saint Petersburg at 470 3rd St S UNIT 602, Saint Petersburg, FL, 33701 listed at $350,100 pairs $2,325/mo rent with a $1,714/mo payment. Total monthly income runs $2,325/mo. Return on cash invested measures 19.18% in year one, and rental yield registers 7.97% at a $350,100 basis. Equity gained on principal adds $2,259/yr, and annual property appreciation at 5% supports $96,726 by year five. Five-year ROI tracks 99.81% and total cumulative return in cash totals $115,833. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,325/mo property income relative to a $1,714/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Apartment
Built in N/A
N/A 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: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A