6411 Elmhurst CtPinellas ParkFL33782
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 Pinellas Park at 6411 Elmhurst Ct, Pinellas Park, FL, 33782 listed at $397,500 pairs $2,915/mo rent with a $1,946/mo payment to leave $277/mo cash flow. Total monthly income runs $2,915/mo, and annual cash flow reaches $3,320/yr on $131,771 cash to close. Return on cash invested measures 22.43% in year one, and rental yield registers 8.8% at a $397,500 basis. Equity gained on principal adds $2,565/yr, and annual property appreciation at 5% supports $109,822 by year five. Five-year ROI tracks 116.95% and total cumulative return in cash totals $154,103. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,915/mo property income relative to a $1,946/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1979
6,578 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33782, Pinellas Park, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,235 (100%) |
| Owner Occupied HU | 7,655 (62.6%) |
| Renter Occupied HU | 3,651 (29.8%) |
| Vacant Housing Units | 929 ( 7.6%) |
| Median Home Value | $316,483 |
| Average Home Value | $362,575 |
Housing Distribution
Address Breakdown
Residential
11,023
Single Family
8,837
Multi-Family
2,186
Businesses
413
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mary Armentrout • PLUMLEE GULF BEACH REALTY
Mls Name: Stellar MLS
Mls ID: #TB8404507