6302 Pelican Creek Xing APT ASaint PetersburgFL33707
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 6302 Pelican Creek Xing APT A, Saint Petersburg, FL, 33707 at $258,900 posts ROI 30.06% with $726/mo cash flow from $2,444/mo rent. Total monthly income equals $2,444/mo, and annual cash flow records $8,713/yr on $85,825 to close. Return on cash invested measures 30.06% and rental yield reads 11.33% at the current $258,900. Equity gained on principal adds $1,671/yr, and 5% annual appreciation supports $71,529 by year five. Five-year ROI prints 157.93% and total cumulative return in cash totals $135,548.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,444/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33707, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,791 (100%) |
| Owner Occupied HU | 9,258 (58.6%) |
| Renter Occupied HU | 4,057 (25.7%) |
| Vacant Housing Units | 2,476 (15.7%) |
| Median Home Value | $458,933 |
| Average Home Value | $604,684 |
Housing Distribution
Address Breakdown
Residential
14,754
Single Family
9,073
Multi-Family
5,681
Businesses
846
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Listed by: Danny Galuski • CENTURY 21 BEGGINS
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #U8237643