5944 32nd Ave NSaint PetersburgFL33710
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Saint Petersburg rentals match the income profile of 5944 32nd Ave N, Saint Petersburg, FL, 33710. Listed at $468,000, gross rent is $4,927/mo and net cash flow is $1,821/mo, a 12.63% yield well above national averages. DSCR 2.34 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $129,300 by year five with $4,310/yr in annual principal reduction, projecting $295,591 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.6% | 6.0% |
| Monthly Cash Flow | $1,821 | $1,800 |
City averages based on Saint Petersburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,927 |
| Total Monthly Debt Service | $2,920 |
| DSCR Ratio | 1.69x |
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.
Single Family
Built in 1964
9,605 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33710, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,655 (100%) |
| Owner Occupied HU | 11,381 (72.7%) |
| Renter Occupied HU | 3,470 (22.2%) |
| Vacant Housing Units | 804 ( 5.1%) |
| Median Home Value | $408,945 |
| Average Home Value | $455,080 |
Housing Distribution
Address Breakdown
Residential
15,217
Single Family
12,899
Multi-Family
2,318
Businesses
1,071
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
Single Family
Built in 1964
9,605 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33710, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,655 (100%) |
| Owner Occupied HU | 11,381 (72.7%) |
| Renter Occupied HU | 3,470 (22.2%) |
| Vacant Housing Units | 804 ( 5.1%) |
| Median Home Value | $408,945 |
| Average Home Value | $455,080 |
Housing Distribution
Address Breakdown
Residential
15,217
Single Family
12,899
Multi-Family
2,318
Businesses
1,071
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices