6348 7th Ave NSaint PetersburgFL33710
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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 6348 7th Ave N, Saint Petersburg, FL, 33710 listed at $395,000 pairs $2,647/mo rent with a $1,933/mo payment to leave $26/mo cash flow. Total monthly income runs $2,647/mo, and annual cash flow reaches $312/yr on $130,943 cash to close. Return on cash invested measures 20.15% in year one, and rental yield registers 8.04% at a $395,000 basis. Equity gained on principal adds $2,549/yr, and annual property appreciation at 5% supports $109,131 by year five. Five-year ROI tracks 104.74% and total cumulative return in cash totals $137,154. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,647/mo property income relative to a $1,933/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1947
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33710, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,655 (100%) |
| Owner Occupied HU | 11,381 (72.7%) |
| Renter Occupied HU | 3,470 (22.2%) |
| Vacant Housing Units | 804 ( 5.1%) |
| Median Home Value | $408,945 |
| Average Home Value | $455,080 |
Housing Distribution
Address Breakdown
Residential
15,217
Single Family
12,899
Multi-Family
2,318
Businesses
1,071
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Listed by: Colin Mooney • BRICK STREET REALTY
Mls Name: Stellar MLS
Mls ID: #TB8453589