656 Vallance Way NESaint PetersburgFL33716
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 Saint Petersburg at 656 Vallance Way NE, Saint Petersburg, FL, 33716 at $399,999 posts ROI 31.54% with $1,285/mo cash flow from $3,940/mo rent. Total monthly income equals $3,940/mo, and annual cash flow records $15,424/yr on $132,600 to close. Return on cash invested measures 31.54% and rental yield reads 11.82% at the current $399,999. Equity gained on principal adds $2,581/yr, and 5% annual appreciation supports $110,512 by year five. Five-year ROI prints 165.82% and total cumulative return in cash totals $219,879.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,940/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2001
2,518 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33716, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,631 (100%) |
| Owner Occupied HU | 1,970 (15.6%) |
| Renter Occupied HU | 9,502 (75.2%) |
| Vacant Housing Units | 1,159 ( 9.2%) |
| Median Home Value | $149,441 |
| Average Home Value | $266,786 |
Housing Distribution
Address Breakdown
Residential
10,520
Single Family
1,960
Multi-Family
8,560
Businesses
513
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Listed by: Gloria Brush • GB INTERNATIONAL REALTY
Mls Name: Stellar MLS
Mls ID: #A4654196