








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Tierra Verde at 637 Pinellas Bayway S APT 202, Tierra Verde, FL, 33715 generates $5,882/mo in rent and, after a $2,300/mo payment, leaves $1,556/mo in cash flow. Total monthly income is $5,882/mo, and annual cash flow is $18,677/yr on $155,805 invested. Return on cash invested sits at 31.9% in year one, and rental yield is 15.02% on a $470,000 entry. Equity gained on principal adds $3,033/yr, while 5% annual appreciation builds toward $129,852 over five years. Five-year ROI reaches 171.09% and total cumulative return in cash sums $266,565. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,882/mo property income rather than buyer’s personal income.
Townhouse
Built in 1991
1,085 sqft lot
$N/A/sqft
$1,207 monthly HOA
Neighborhood data shown for ZIP Code: 33715, Saint Petersburg, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,887 (100%) |
| Owner Occupied HU | 3,992 (58.0%) |
| Renter Occupied HU | 437 ( 6.3%) |
| Vacant Housing Units | 2,458 (35.7%) |
| Median Home Value | $689,474 |
| Average Home Value | $881,423 |
Residential
6,265
Single Family
2,121
Multi-Family
4,144
Businesses
125
Date | Event | Price |
|---|---|---|
| 2024-07-24 | Price change | $470,000 |
| 2024-06-09 | Price change | $478,000 |
| 2024-05-31 | Price change | $498,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Libby Salamone • COMPASS FLORIDA LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #U8242784
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511