535 68th Ave APT 1Saint Pete BeachFL33706
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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
Investment property for sale in Saint Pete Beach at 535 68th Ave APT 1, Saint Pete Beach, FL, 33706 earns $895/mo cash flow from $2,813/mo rent with a $1,415/mo payment. Total monthly income totals $2,813/mo, and annual cash flow totals $10,736/yr on $95,804 capital. ROI tracks 31.12% on current figures, and rental yield reads 11.68% at a $289,000 purchase. Equity gained on principal adds $1,865/yr, and 5% annual appreciation supports $79,845 over five years. Five-year ROI reaches 163.52% and total cumulative return in cash sums $156,662. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,813/mo property income instead of your personal income.
Condo
Built in 1976
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33706, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,617 (100%) |
| Owner Occupied HU | 6,397 (47.0%) |
| Renter Occupied HU | 2,347 (17.2%) |
| Vacant Housing Units | 4,873 (35.8%) |
| Median Home Value | $718,412 |
| Average Home Value | $864,993 |
Housing Distribution
Address Breakdown
Residential
10,352
Single Family
6,045
Multi-Family
4,307
Businesses
619
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Listed by: Mark Beal, LLC • CHARLES RUTENBERG REALTY INC
Mls Name: Stellar MLS
Mls ID: #TB8459997