6372 Palma Del Mar Blvd S APT 601Saint PetersburgFL33715
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 6372 Palma Del Mar Blvd S APT 601, Saint Petersburg, FL, 33715 earns from $3,420/mo rent with a $3,083/mo payment. Total monthly income totals $3,420/mo. ROI tracks 15.66% on current figures, and rental yield reads 6.52% at a $629,900 purchase. Equity gained on principal adds $4,065/yr, and 5% annual appreciation supports $174,030 over five years. Five-year ROI reaches 80.61% and total cumulative return in cash sums $167,055. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,420/mo property income instead of your personal income.
Condo
Built in 1981
N/A lot
$N/A/sqft
No 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: Helle Hartley • CENTURY 21 JIM WHITE & ASSOC
Mls Name: Stellar MLS
Mls ID: #TB8395473