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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Saint Petersburg at 4900 38th Way S APT 201, Saint Petersburg, FL, 33711 generates $1,916/mo in rent, after a $1,312/mo payment. Total monthly income is $1,916/mo. Return on cash invested sits at 11.42% in year one, and rental yield is 8.58% on a $267,959 entry. Equity gained on principal adds $1,729/yr, while 5% annual appreciation builds toward $74,032 over five years. Five-year ROI reaches 61.67% and total cumulative return in cash sums $54,776. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,916/mo property income rather than buyer’s personal income.
Condo
Built in 1973
6.82 Acres lot
$N/A/sqft
$766 monthly HOA
Neighborhood data shown for ZIP Code: 33711, Saint Petersburg, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,785 (100%) |
| Owner Occupied HU | 4,897 (50.0%) |
| Renter Occupied HU | 3,692 (37.7%) |
| Vacant Housing Units | 1,196 (12.2%) |
| Median Home Value | $399,107 |
| Average Home Value | $486,386 |
Residential
8,882
Single Family
6,634
Multi-Family
2,248
Businesses
426
Date | Event | Price |
|---|---|---|
| 2025-02-08 | Listed for sale | $267,959 |
| 2025-02-01 | Price change | $2,700 |
| 2025-01-30 | Price change | $2,400 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-12 | $904.28 | 5.14% | $88,060 | 3.00% |
| 2022-02-12 | $860.11 | 0.96% | $85,495 | 3.00% |
| 2021-02-12 | $851.95 | 1.18% | $83,005 | 1.40% |
Listed by: Pat Pryor • POE & ASSOCIATES REALTY, LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #A4638748
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
