6047 Bahia Del Mar Blvd APT 262Saint PetersburgFL33715
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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 6047 Bahia Del Mar Blvd APT 262, Saint Petersburg, FL, 33715 listed at $329,000 pairs $2,262/mo rent with a $1,610/mo payment to leave $79/mo cash flow. Total monthly income runs $2,262/mo, and annual cash flow reaches $948/yr on $109,064 cash to close. Return on cash invested measures 20.78% in year one, and rental yield registers 8.25% at a $329,000 basis. Equity gained on principal adds $2,123/yr, and annual property appreciation at 5% supports $90,897 by year five. Five-year ROI tracks 108.08% and total cumulative return in cash totals $117,873. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,262/mo property income relative to a $1,610/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1988
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: Zynnia Jezek • RE/MAX PREFERRED
Mls Name: Stellar MLS
Mls ID: #TB8454021