623 Mound Park Way SSaint PetersburgFL33701
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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 623 Mound Park Way S, Saint Petersburg, FL, 33701 at $820,000 posts ROI 15.58% with from $4,434/mo rent. Total monthly income equals $4,434/mo. Return on cash invested measures 15.58% and rental yield reads 6.49% at the current $820,000. Equity gained on principal adds $5,291/yr, and 5% annual appreciation supports $226,551 by year five. Five-year ROI prints 80.18% and total cumulative return in cash totals $216,311. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,434/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1921
1,625 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33701, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,857 (100%) |
| Owner Occupied HU | 4,780 (32.2%) |
| Renter Occupied HU | 7,946 (53.5%) |
| Vacant Housing Units | 2,131 (14.3%) |
| Median Home Value | $680,200 |
| Average Home Value | $846,003 |
Housing Distribution
Address Breakdown
Residential
13,067
Single Family
4,473
Multi-Family
8,594
Businesses
1,397
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Listed by: Larry Lanni • EXP REALTY LLC
Mls Name: Stellar MLS
Mls ID: #TB8446468