5775 Park St N APT 410Saint PetersburgFL33709
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderSteady, low-maintenance, and fundable: 5775 Park St N APT 410, Saint Petersburg, FL, 33709 in Saint Petersburg at $289,900. Rental yield 7.74%. The 7.74% yield and 1.43 DSCR put this right in the range Ziffy Mortgage approves for non-U.S. investors without W-2s or domestic credit. Appreciation at 5%/yr is projected to add $80,094 by year five, and $2,670/yr in principal reduction steadily grows the investor's stake. Total projected cumulative return: $107,040.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.7% | 6.0% |
| Monthly Cash Flow | $(739) | $1,800 |
City averages based on Saint Petersburg market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,870 |
| Total Monthly Debt Service | $1,808 |
| DSCR Ratio | 1.03x |
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 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33709, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,719 (100%) |
| Owner Occupied HU | 9,528 (64.7%) |
| Renter Occupied HU | 3,231 (22.0%) |
| Vacant Housing Units | 1,960 (13.3%) |
| Median Home Value | $280,859 |
| Average Home Value | $309,147 |
Housing Distribution
Address Breakdown
Residential
13,630
Single Family
10,773
Multi-Family
2,857
Businesses
700
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 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33709, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,719 (100%) |
| Owner Occupied HU | 9,528 (64.7%) |
| Renter Occupied HU | 3,231 (22.0%) |
| Vacant Housing Units | 1,960 (13.3%) |
| Median Home Value | $280,859 |
| Average Home Value | $309,147 |
Housing Distribution
Address Breakdown
Residential
13,630
Single Family
10,773
Multi-Family
2,857
Businesses
700
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Stellar MLS
Mls ID: #A4693432