504 67th Ave UNIT 4Saint Pete BeachFL33706
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
Investment property for sale in Saint Pete Beach at 504 67th Ave UNIT 4, Saint Pete Beach, FL, 33706 uses $76,643 cash to close to unlock $4,192/yr annual cash flow and $349/mo monthly cash flow. Total monthly income runs $2,292/mo, and a $1,132/mo payment keeps the spread at $349/mo. Purchase price stands at $231,200, and rental yield measures 11.9% with $2,292/mo rent. Return on cash invested shows 25.38% in year one, and 5% annual appreciation builds toward $63,876 over five years. Five-year ROI reaches 135.1% and total cumulative return in cash records $103,547. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,292/mo property income covering a $1,132/mo payment rather than investor’s personal income.
Apartment
Built in 1962
N/A lot
$N/A/sqft
$408 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33706, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,617 (100%) |
| Owner Occupied HU | 6,397 (47.0%) |
| Renter Occupied HU | 2,347 (17.2%) |
| Vacant Housing Units | 4,873 (35.8%) |
| Median Home Value | $718,412 |
| Average Home Value | $864,993 |
Housing Distribution
Address Breakdown
Residential
10,352
Single Family
6,045
Multi-Family
4,307
Businesses
619
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A