6262 93rd Ter N APT 3904Pinellas ParkFL33782
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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 Pinellas Park at 6262 93rd Ter N APT 3904, Pinellas Park, FL, 33782 uses $56,355 cash to close to unlock $2,087/yr annual cash flow and $174/mo monthly cash flow. Total monthly income runs $1,302/mo, and a $832/mo payment keeps the spread at $174/mo. Purchase price stands at $170,000, and rental yield measures 9.19% with $1,302/mo rent. Return on cash invested shows 23.61% in year one, and 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 123.31% and total cumulative return in cash records $69,489. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,302/mo property income covering a $832/mo payment rather than investor’s personal income.
Condo
Built in 1988
2.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33782, Pinellas Park, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,235 (100%) |
| Owner Occupied HU | 7,655 (62.6%) |
| Renter Occupied HU | 3,651 (29.8%) |
| Vacant Housing Units | 929 ( 7.6%) |
| Median Home Value | $316,483 |
| Average Home Value | $362,575 |
Housing Distribution
Address Breakdown
Residential
11,023
Single Family
8,837
Multi-Family
2,186
Businesses
413
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Listed by: Delia Davidson • FOREVER FLORIDA REAL ESTATE
Mls Name: Stellar MLS
Mls ID: #TB8452444