6400 46th Ave N APT 212Kenneth CityFL33709
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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
Total monthly income runs $1,321/mo, and a $830/mo payment. Purchase price stands at $169,499, and rental yield measures 9.35% with $1,321/mo rent. Return on cash invested shows 7.9% in year one, and 5% annual appreciation builds toward $46,829 over five years. Five-year ROI reaches 44.93% and total cumulative return in cash records $25,244. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,321/mo property income covering a $830/mo payment rather than investor’s personal income.
Condo
Built in 1978
1 sqft lot
$N/A/sqft
$758 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33709, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,719 (100%) |
| Owner Occupied HU | 9,528 (64.7%) |
| Renter Occupied HU | 3,231 (22.0%) |
| Vacant Housing Units | 1,960 (13.3%) |
| Median Home Value | $280,859 |
| Average Home Value | $309,147 |
Housing Distribution
Address Breakdown
Residential
13,630
Single Family
10,773
Multi-Family
2,857
Businesses
700
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Listed by: Jeffrey Hoyt, Jr • HOYT REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8321545
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