4700 Cove Cir APT 208Saint PetersburgFL33708
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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 4700 Cove Cir APT 208, Saint Petersburg, FL, 33708 uses $56,322 cash to close to unlock $22,353/yr annual cash flow and $1,863/mo monthly cash flow. Total monthly income runs $4,063/mo, and a $832/mo payment keeps the spread at $1,863/mo. Purchase price stands at $169,900, and rental yield measures 28.7% with $4,063/mo rent. Return on cash invested shows 59.6% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 324.54% and total cumulative return in cash records $182,786. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,063/mo property income covering a $832/mo payment rather than investor’s personal income.
Condo
Built in 1969
0.52 Acres lot
$N/A/sqft
$950 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33708, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,781 (100%) |
| Owner Occupied HU | 6,160 (48.2%) |
| Renter Occupied HU | 2,266 (17.7%) |
| Vacant Housing Units | 4,355 (34.1%) |
| Median Home Value | $575,753 |
| Average Home Value | $706,923 |
Housing Distribution
Address Breakdown
Residential
9,631
Single Family
6,102
Multi-Family
3,529
Businesses
528
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Listed by: Bert Morrison • CENTURY 21 RE CHAMPIONS
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #U8238106
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511