5861 42nd Ter N APT 1609Kenneth CityFL33709
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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 Kenneth City at 5861 42nd Ter N APT 1609, Kenneth City, FL, 33709 earns $178/mo cash flow from $1,173/mo rent with a $734/mo payment. Total monthly income totals $1,173/mo, and annual cash flow totals $2,135/yr on $49,692 capital. ROI tracks 24.21% on current figures, and rental yield reads 9.39% at a $149,900 purchase. Equity gained on principal adds $967/yr, and 5% annual appreciation supports $41,415 over five years. Five-year ROI reaches 126.49% and total cumulative return in cash sums $62,855. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,173/mo property income instead of your personal income.
Condo
Built in 1967
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
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Listed by: Joseph Snyder, LLC • ENGEL & VOLKERS ST. PETE
Mls Name: Stellar MLS
Mls ID: #TB8427203