497 Normandy RdMadeira BeachFL33708
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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
Rental property for sale in Madeira Beach at 497 Normandy Rd, Madeira Beach, FL, 33708 priced at $890,000 pairs $4,234/mo rent with after a $4,356/mo payment. Total monthly income equals $4,234/mo. Return on cash invested is 13.21% in year one, and rental yield stands at 5.71% on a $890,000 basis. Equity gained on principal adds $5,743/yr, and 5% annual appreciation accumulates to $245,891 by year five. Five-year ROI measures 67.46% and total cumulative return in cash reaches $197,524. For financing, Ziffy Mortgage’s DSCR program evaluates $4,234/mo property income against a $4,356/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1953
7,087 sqft 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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Listed by: Ahmad Maki Kubba • BUXTON PROPERTIES INC
Mls Name: Stellar MLS
Mls ID: #TB8431677