6343 23rd St NSaint PetersburgFL33702
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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 6343 23rd St N, Saint Petersburg, FL, 33702 listed at $260,000 pairs $1,842/mo rent with a $1,273/mo payment to leave $116/mo cash flow. Total monthly income runs $1,842/mo, and annual cash flow reaches $1,394/yr on $86,190 cash to close. Return on cash invested measures 21.53% in year one, and rental yield registers 8.5% at a $260,000 basis. Equity gained on principal adds $1,678/yr, and annual property appreciation at 5% supports $71,833 by year five. Five-year ROI tracks 112.14% and total cumulative return in cash totals $96,653. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,842/mo property income relative to a $1,273/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1974
4.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33702, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,664 (100%) |
| Owner Occupied HU | 8,981 (61.2%) |
| Renter Occupied HU | 4,329 (29.5%) |
| Vacant Housing Units | 1,354 ( 9.2%) |
| Median Home Value | $411,755 |
| Average Home Value | $465,872 |
Housing Distribution
Address Breakdown
Residential
15,540
Single Family
11,571
Multi-Family
3,969
Businesses
705
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Listed by: ALEXIS Selby • INVESTMENT FLORIDA REALTY LLC
Mls Name: Stellar MLS
Mls ID: #W7878955