4971 Bacopa Ln S UNIT 703Saint PetersburgFL33715
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 4971 Bacopa Ln S UNIT 703, Saint Petersburg, FL, 33715 in Saint Petersburg. Rental yield 4.55%. At $1,150,000 with 4.55% gross yield, current distributions are modest, but the 5% appreciation rate projects $317,724 in new equity by year five, complemented by $10,592/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.84) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $227,942.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.6% | 6.0% |
| Monthly Cash Flow | $(4,752) | $1,800 |
City averages based on Saint Petersburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,362 |
| Total Monthly Debt Service | $7,174 |
| DSCR Ratio | 0.61x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1997
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33715, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,887 (100%) |
| Owner Occupied HU | 3,992 (58.0%) |
| Renter Occupied HU | 437 ( 6.3%) |
| Vacant Housing Units | 2,458 (35.7%) |
| Median Home Value | $689,474 |
| Average Home Value | $881,423 |
Housing Distribution
Address Breakdown
Residential
6,265
Single Family
2,121
Multi-Family
4,144
Businesses
125
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
Condo
Built in 1997
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33715, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,887 (100%) |
| Owner Occupied HU | 3,992 (58.0%) |
| Renter Occupied HU | 437 ( 6.3%) |
| Vacant Housing Units | 2,458 (35.7%) |
| Median Home Value | $689,474 |
| Average Home Value | $881,423 |
Housing Distribution
Address Breakdown
Residential
6,265
Single Family
2,121
Multi-Family
4,144
Businesses
125
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Debi Eagan • KELLER WILLIAMS ST PETE REALTY
Mls Name: Stellar MLS
Mls ID: #TB8463956