6061 Bahia Del Mar Blvd UNIT 209Saint PetersburgFL33715
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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
Investment Highlights
Rental property for sale in Saint Petersburg at 6061 Bahia Del Mar Blvd UNIT 209, Saint Petersburg, FL, 33715 generates $5,782/mo in rent and, after a $2,349/mo payment, leaves $1,902/mo in cash flow. Total monthly income is $5,782/mo, and annual cash flow is $22,824/yr on $159,120 invested. Return on cash invested sits at 34.25% in year one, and rental yield is 14.46% on a $480,000 entry. Equity gained on principal adds $3,097/yr, while 5% annual appreciation builds toward $132,615 over five years. Five-year ROI reaches 182.24% and total cumulative return in cash sums $289,973. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,782/mo property income rather than buyer’s personal income.
Condo
Built in 1988
0.28 Acres lot
$N/A/sqft
$695 monthly 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: Graham D'Amico • CHARLES RUTENBERG REALTY INC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #U8230580
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511