6438 93rd Ter N APT 603Pinellas ParkFL33782
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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
Rental property for sale in Pinellas Park at 6438 93rd Ter N APT 603, Pinellas Park, FL, 33782 generates $2,628/mo in rent and, after a $1,419/mo payment, leaves $704/mo in cash flow. Total monthly income is $2,628/mo, and annual cash flow is $8,447/yr on $96,135 invested. Return on cash invested sits at 28.7% in year one, and rental yield is 10.87% on a $290,000 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 150.54% and total cumulative return in cash sums $144,724. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,628/mo property income rather than buyer’s personal income.
Condo
Built in 1985
N/A 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
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Listed by: Douglas Wood, PA • SMITH & ASSOCIATES REAL ESTATE
Mls Name: Stellar MLS
Mls ID: #TB8465495