5129 Salmon Dr SE APT ASaint PetersburgFL33705
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 Petersburg at 5129 Salmon Dr SE APT A, Saint Petersburg, FL, 33705 at $349,000 posts ROI 26.49% with $634/mo cash flow from $2,950/mo rent. Total monthly income equals $2,950/mo, and annual cash flow records $7,610/yr on $115,694 to close. Return on cash invested measures 26.49% and rental yield reads 10.14% at the current $349,000. Equity gained on principal adds $2,252/yr, and 5% annual appreciation supports $96,422 by year five. Five-year ROI prints 138.73% and total cumulative return in cash totals $160,500.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,950/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1979
88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33705, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,777 (100%) |
| Owner Occupied HU | 6,533 (44.2%) |
| Renter Occupied HU | 6,370 (43.1%) |
| Vacant Housing Units | 1,874 (12.7%) |
| Median Home Value | $465,376 |
| Average Home Value | $543,923 |
Housing Distribution
Address Breakdown
Residential
14,118
Single Family
10,257
Multi-Family
3,861
Businesses
605
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Listed by: Patricia Hughes • NEXTHOME LUXE COASTAL
Mls Name: Stellar MLS
Mls ID: #TB8457097