6372 Palma Del Mar Blvd #601Saint PetersburgFL33715
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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 6372 Palma Del Mar Blvd #601, Saint Petersburg, FL, 33715 offers a 7.23% rental yield on a $596,000 purchase with $3,589/mo rent. 09% in year one. Equity gained on principal adds $3,846/yr while 5% annual appreciation supports $164,664 over five years. Portfolio math shows five-year ROI at 63.55% and total cumulative return in cash at $124,612. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,589/mo property income against a $2,917/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1981
N/A lot
$N/A/sqft
$474 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33715, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
6,265
Single Family
2,121
Multi-Family
4,144
Businesses
125
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Listed by: N/A • N/A
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