6400 46th Ave N APT 63Kenneth 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
Investment property for sale in Kenneth City at 6400 46th Ave N APT 63, Kenneth City, FL, 33709 earns $560/mo cash flow from $2,982/mo rent with a $1,786/mo payment. Total monthly income totals $2,982/mo, and annual cash flow totals $6,723/yr on $120,998 capital. ROI tracks 25.47% on current figures, and rental yield reads 9.8% at a $365,000 purchase. Equity gained on principal adds $2,355/yr, and 5% annual appreciation supports $100,843 over five years. Five-year ROI reaches 133.24% and total cumulative return in cash sums $161,215. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,982/mo property income instead of your personal income.
Townhouse
Built in 2000
1,320 sqft lot
$N/A/sqft
No 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: Scott Fellers • SUN WAVE REALTY LLC
Mls Name: Stellar MLS
Mls ID: #TB8449544