530 Somerhill Dr NESaint PetersburgFL33716
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
Total monthly income runs $4,314/mo, and a $3,500/mo payment. Purchase price stands at $715,000, and rental yield measures 7.24% with $4,314/mo rent. Return on cash invested shows 17.86% in year one, and 5% annual appreciation builds toward $197,541 over five years. Five-year ROI reaches 92.41% and total cumulative return in cash records $217,377. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,314/mo property income covering a $3,500/mo payment rather than investor’s personal income.
Single Family
Built in 2001
10,119 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33716, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,631 (100%) |
| Owner Occupied HU | 1,970 (15.6%) |
| Renter Occupied HU | 9,502 (75.2%) |
| Vacant Housing Units | 1,159 ( 9.2%) |
| Median Home Value | $149,441 |
| Average Home Value | $266,786 |
Housing Distribution
Address Breakdown
Residential
10,520
Single Family
1,960
Multi-Family
8,560
Businesses
513
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Donald Fazio • EZ CHOICE REALTY
Mls Name: Stellar MLS
Mls ID: #TB8433237