5060 76th Ave N APT 409Pinellas ParkFL33781
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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 Pinellas Park at 5060 76th Ave N APT 409, Pinellas Park, FL, 33781 generates $1,461/mo in rent and, after a $631/mo payment, leaves $605/mo in cash flow. Total monthly income is $1,461/mo, and annual cash flow is $7,264/yr on $42,764 invested. Return on cash invested sits at 36.9% in year one, and rental yield is 13.59% on a $129,000 entry. Equity gained on principal adds $832/yr, while 5% annual appreciation builds toward $35,640 over five years. Five-year ROI reaches 194.61% and total cumulative return in cash sums $83,221. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,461/mo property income rather than buyer’s personal income.
Condo
Built in 1972
1.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33781, Pinellas Park, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,590 (100%) |
| Owner Occupied HU | 6,810 (58.8%) |
| Renter Occupied HU | 4,022 (34.7%) |
| Vacant Housing Units | 758 ( 6.5%) |
| Median Home Value | $330,070 |
| Average Home Value | $402,704 |
Housing Distribution
Address Breakdown
Residential
12,260
Single Family
10,239
Multi-Family
2,021
Businesses
1,370
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Listed by: Timothy Tyrpak • SAND AND PALMS REALTY
Mls Name: Stellar MLS
Mls ID: #TB8452556