4880 Locust St NE BUILDING 400Saint 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
Total monthly income runs $1,170/mo, and a $749/mo payment. Purchase price stands at $153,000, and rental yield measures 9.18% with $1,170/mo rent. Return on cash invested shows 9.91% in year one, and 5% annual appreciation builds toward $42,271 over five years. Five-year ROI reaches 54.82% and total cumulative return in cash records $27,804. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,170/mo property income covering a $749/mo payment rather than investor’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
$577 monthly 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
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Mls ID: #N/A