476 Santa Cruz Pl NE APT BSaint PetersburgFL33703
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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
Rental property for sale in Saint Petersburg at 476 Santa Cruz Pl NE APT B, Saint Petersburg, FL, 33703 offers $3,109/mo rent that, after a $1,317/mo payment, leaves $1,323/mo cash flow. Total monthly income is $3,109/mo, and annual cash flow is $15,882/yr on $89,174 cash. Return on cash invested measures 37.72% in year one, and rental yield stands at 13.87% at a $269,000 entry. Equity gained on principal adds $1,736/yr while 5% annual appreciation compounds into $74,320 by year five. Five-year ROI records 198.96% and total cumulative return in cash reaches $177,419. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,109/mo property income versus a $1,317/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1984
1.17 Acres 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: Amanda Bursik • THE KEY GROUP
Mls Name: Stellar MLS
Mls ID: #TB8408194