5047 23rd St NSaint PetersburgFL33714
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 5047 23rd St N, Saint Petersburg, FL, 33714 generates $4,255/mo in rent and, after a $2,663/mo payment, leaves $645/mo in cash flow. Total monthly income is $4,255/mo, and annual cash flow is $7,734/yr on $178,976 invested. Return on cash invested sits at 24.38% in year one, and rental yield is 9.39% on a $544,000 entry. Equity gained on principal adds $3,510/yr, while 5% annual appreciation builds toward $150,297 over five years. Five-year ROI reaches 127.4% and total cumulative return in cash sums $228,010. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,255/mo property income rather than buyer’s personal income.
Single Family
Built in 2022
6,416 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33714, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,841 (100%) |
| Owner Occupied HU | 5,967 (55.0%) |
| Renter Occupied HU | 3,800 (35.1%) |
| Vacant Housing Units | 1,074 ( 9.9%) |
| Median Home Value | $202,961 |
| Average Home Value | $266,179 |
Housing Distribution
Address Breakdown
Residential
9,349
Single Family
7,974
Multi-Family
1,375
Businesses
539
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa Dani • VIEWPOINT REALTY INTERNATIONAL
Mls Name: Stellar MLS
Mls ID: #TB8402926