557 Pinellas Bayway S APT 222Tierra VerdeFL33715
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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 Tierra Verde at 557 Pinellas Bayway S APT 222, Tierra Verde, FL, 33715 earns $826/mo cash flow from $3,149/mo rent with a $1,713/mo payment. Total monthly income totals $3,149/mo, and annual cash flow totals $9,917/yr on $116,025 capital. ROI tracks 28.46% on current figures, and rental yield reads 10.8% at a $350,000 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 over five years. Five-year ROI reaches 149.28% and total cumulative return in cash sums $173,198. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,149/mo property income instead of your personal income.
Condo
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33715, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,887 (100%) |
| Owner Occupied HU | 3,992 (58.0%) |
| Renter Occupied HU | 437 ( 6.3%) |
| Vacant Housing Units | 2,458 (35.7%) |
| Median Home Value | $689,474 |
| Average Home Value | $881,423 |
Housing Distribution
Address Breakdown
Residential
6,265
Single Family
2,121
Multi-Family
4,144
Businesses
125
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Listed by: Bob Gaskins • CENTURY 21 COASTAL ALLIANCE
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #U8254765