4957 Cobia Dr SESaint PetersburgFL33705
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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 4957 Cobia Dr SE, Saint Petersburg, FL, 33705 offers a 9.62% rental yield on a $399,000 purchase with $3,198/mo rent. Total monthly income registers $3,198/mo, and a $1,953/mo payment leaves $550/mo available for distribution. Annual cash flow reaches $6,601/yr on $132,269 to close, and return on cash invested stands at 24.9% in year one. Equity gained on principal adds $2,575/yr while 5% annual appreciation supports $110,236 over five years. Portfolio math shows five-year ROI at 130.23% and total cumulative return in cash at $172,250. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,198/mo property income against a $1,953/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1979
7,365 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33705, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,777 (100%) |
| Owner Occupied HU | 6,533 (44.2%) |
| Renter Occupied HU | 6,370 (43.1%) |
| Vacant Housing Units | 1,874 (12.7%) |
| Median Home Value | $465,376 |
| Average Home Value | $543,923 |
Housing Distribution
Address Breakdown
Residential
14,118
Single Family
10,257
Multi-Family
3,861
Businesses
605
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Listed by: Marsh Bilby • NEXTHOME LUXE COASTAL
Mls Name: Stellar MLS
Mls ID: #TB8454104