5812 16th Ln S APT 3Saint PetersburgFL33712
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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 Petersburg at 5812 16th Ln S APT 3, Saint Petersburg, FL, 33712 uses $82,875 cash to close to unlock $9,895/yr annual cash flow and $825/mo monthly cash flow. Total monthly income runs $2,484/mo, and a $1,224/mo payment keeps the spread at $825/mo. Purchase price stands at $249,999, and rental yield measures 11.92% with $2,484/mo rent. Return on cash invested shows 31.85% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 167.47% and total cumulative return in cash records $138,790. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,484/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Townhouse
Built in 1979
1,300 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33712, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,543 (100%) |
| Owner Occupied HU | 5,785 (46.1%) |
| Renter Occupied HU | 5,828 (46.5%) |
| Vacant Housing Units | 930 ( 7.4%) |
| Median Home Value | $384,910 |
| Average Home Value | $457,502 |
Housing Distribution
Address Breakdown
Residential
12,048
Single Family
9,657
Multi-Family
2,391
Businesses
658
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Listed by: Nikki Sabet • NB ELITE REALTY
Mls Name: Stellar MLS
Mls ID: #O6354784