629 53rd Ave SSaint PetersburgFL33705
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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 629 53rd Ave S, Saint Petersburg, FL, 33705 uses $86,157 cash to close to unlock $1,000/yr annual cash flow and $83/mo monthly cash flow. Total monthly income runs $1,808/mo, and a $1,272/mo payment keeps the spread at $83/mo. Purchase price stands at $259,900, and rental yield measures 8.35% with $1,808/mo rent. Return on cash invested shows 21.07% in year one, and 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 109.7% and total cumulative return in cash records $94,510. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,808/mo property income covering a $1,272/mo payment rather than investor’s personal income.
Single Family
Built in 1956
6,538 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33705, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,777 (100%) |
| Owner Occupied HU | 6,533 (44.2%) |
| Renter Occupied HU | 6,370 (43.1%) |
| Vacant Housing Units | 1,874 (12.7%) |
| Median Home Value | $465,376 |
| Average Home Value | $543,923 |
Housing Distribution
Address Breakdown
Residential
14,118
Single Family
10,257
Multi-Family
3,861
Businesses
605
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Listed by: Andrew Hill • BANYAN RESIDENTIAL GROUP, LLC
Mls Name: Stellar MLS
Mls ID: #TB8440758