6550 Shoreline Dr APT 7101Saint PetersburgFL33708
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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 Saint Petersburg at 6550 Shoreline Dr APT 7101, Saint Petersburg, FL, 33708 uses $145,860 cash to close to unlock $26,816/yr annual cash flow and $2,235/mo monthly cash flow. Total monthly income runs $5,981/mo, and a $2,154/mo payment keeps the spread at $2,235/mo. Purchase price stands at $440,000, and rental yield measures 16.31% with $5,981/mo rent. Return on cash invested shows 38.29% in year one, and 5% annual appreciation builds toward $121,564 over five years. Five-year ROI reaches 204.47% and total cumulative return in cash records $298,246. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,981/mo property income covering a $2,154/mo payment rather than investor’s personal income.
Condo
Built in 2001
0.43 Acres lot
$N/A/sqft
$720 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33708, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,781 (100%) |
| Owner Occupied HU | 6,160 (48.2%) |
| Renter Occupied HU | 2,266 (17.7%) |
| Vacant Housing Units | 4,355 (34.1%) |
| Median Home Value | $575,753 |
| Average Home Value | $706,923 |
Housing Distribution
Address Breakdown
Residential
9,631
Single Family
6,102
Multi-Family
3,529
Businesses
528
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Listed by: Linda Goldfarb • LSG CONSULTING SERVICES LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #U8245822
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