494 Boca Ciega Point Blvd NSaint PetersburgFL33708
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 494 Boca Ciega Point Blvd N, Saint Petersburg, FL, 33708 offers $4,274/mo rent that, after a $2,237/mo payment, leaves $1,241/mo cash flow. Total monthly income is $4,274/mo, and annual cash flow is $14,893/yr on $151,496 cash. Return on cash invested measures 29.74% in year one, and rental yield stands at 11.22% at a $457,000 entry. Equity gained on principal adds $2,949/yr while 5% annual appreciation compounds into $126,261 by year five. Five-year ROI records 156.18% and total cumulative return in cash reaches $236,599. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,274/mo property income versus a $2,237/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
N/A lot
$N/A/sqft
No 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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Nearby investment properties with comparable prices
Listed by: Tammie Kubisiak • LUXURY & BEACH REALTY INC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8337939