6219 Palma Del Mar Blvd S APT 205Saint PetersburgFL33715
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
Investment Highlights
Investment property for sale in Saint Petersburg at 6219 Palma Del Mar Blvd S APT 205, Saint Petersburg, FL, 33715 earns $38/mo cash flow from $1,691/mo rent with a $1,219/mo payment. Total monthly income totals $1,691/mo, and annual cash flow totals $460/yr on $82,544 capital. ROI tracks 20.47% on current figures, and rental yield reads 8.15% at a $249,000 purchase. Equity gained on principal adds $1,607/yr, and 5% annual appreciation supports $68,794 over five years. Five-year ROI reaches 106.44% and total cumulative return in cash sums $87,860. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,691/mo property income instead of your personal income.
Condo
Built in 1979
6.67 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Patrick Baggiano • RE/MAX ACTION FIRST OF FLORIDA
Mls Name: Stellar MLS
Mls ID: #TB8448592