4901 38th Way S #304Saint PetersburgFL33711
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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 4901 38th Way S #304, Saint Petersburg, FL, 33711 earns $1,450/mo cash flow from $2,592/mo rent with a $842/mo payment. Total monthly income totals $2,592/mo, and annual cash flow totals $17,405/yr on $57,018 capital. ROI tracks 50.43% on current figures, and rental yield reads 18.08% at a $172,000 purchase. Equity gained on principal adds $1,110/yr, and 5% annual appreciation supports $47,520 over five years. Five-year ROI reaches 267.18% and total cumulative return in cash sums $152,341. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,592/mo property income instead of your personal income.
Condo
Built in 1976
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33711, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
8,882
Single Family
6,634
Multi-Family
2,248
Businesses
426
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Listed by: N/A • N/A
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