527 9th Ave N APT 8Saint PetersburgFL33701
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 527 9th Ave N APT 8, Saint Petersburg, FL, 33701 in Saint Petersburg: $2,897/mo in rent, $1,363/mo net, 20.83% gross yield, all on a $166,900 acquisition. The 3.86 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $46,111 in value, and $1,537/yr in principal paydown steadily builds equity. Projected total cumulative return: $153,254.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 20.8% | 6.0% |
| Monthly Cash Flow | $1,363 | $1,800 |
City averages based on Saint Petersburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,897 |
| Total Monthly Debt Service | $1,467 |
| DSCR Ratio | 1.97x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1961
0.75 Acres lot
$N/A/sqft
$426 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33701, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,857 (100%) |
| Owner Occupied HU | 4,780 (32.2%) |
| Renter Occupied HU | 7,946 (53.5%) |
| Vacant Housing Units | 2,131 (14.3%) |
| Median Home Value | $680,200 |
| Average Home Value | $846,003 |
Housing Distribution
Address Breakdown
Residential
13,067
Single Family
4,473
Multi-Family
8,594
Businesses
1,397
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 1961
0.75 Acres lot
$N/A/sqft
$426 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33701, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,857 (100%) |
| Owner Occupied HU | 4,780 (32.2%) |
| Renter Occupied HU | 7,946 (53.5%) |
| Vacant Housing Units | 2,131 (14.3%) |
| Median Home Value | $680,200 |
| Average Home Value | $846,003 |
Housing Distribution
Address Breakdown
Residential
13,067
Single Family
4,473
Multi-Family
8,594
Businesses
1,397
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices