6230 45th Ave NKenneth CityFL33709
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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 Kenneth City at 6230 45th Ave N, Kenneth City, FL, 33709 earns $2,100/mo cash flow from $4,355/mo rent with a $1,591/mo payment. Total monthly income totals $4,355/mo, and annual cash flow totals $25,199/yr on $107,738 capital. ROI tracks 43.3% on current figures, and rental yield reads 16.08% at a $325,000 purchase. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 over five years. Five-year ROI reaches 229.22% and total cumulative return in cash sums $246,961. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,355/mo property income instead of your personal income.
Single Family
Built in 1959
7,488 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33709, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,719 (100%) |
| Owner Occupied HU | 9,528 (64.7%) |
| Renter Occupied HU | 3,231 (22.0%) |
| Vacant Housing Units | 1,960 (13.3%) |
| Median Home Value | $280,859 |
| Average Home Value | $309,147 |
Housing Distribution
Address Breakdown
Residential
13,630
Single Family
10,773
Multi-Family
2,857
Businesses
700
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Listed by: Gene Morales • MARK SPAIN REAL ESTATE
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #T3548709
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