6580 10th Avenue Ter SSaint PetersburgFL33707
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 6580 10th Avenue Ter S, Saint Petersburg, FL, 33707 uses $115,694 cash to close to unlock $4,394/yr annual cash flow and $366/mo monthly cash flow. Total monthly income runs $2,682/mo, and a $1,708/mo payment keeps the spread at $366/mo. Purchase price stands at $349,000, and rental yield measures 9.22% with $2,682/mo rent. Return on cash invested shows 23.71% in year one, and 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 123.83% and total cumulative return in cash records $143,268. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,682/mo property income covering a $1,708/mo payment rather than investor’s personal income.
Single Family
Built in 1952
4,831 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33707, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,791 (100%) |
| Owner Occupied HU | 9,258 (58.6%) |
| Renter Occupied HU | 4,057 (25.7%) |
| Vacant Housing Units | 2,476 (15.7%) |
| Median Home Value | $458,933 |
| Average Home Value | $604,684 |
Housing Distribution
Address Breakdown
Residential
14,754
Single Family
9,073
Multi-Family
5,681
Businesses
846
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mickel Amorim de Rezende • WRA BUSINESS & REAL ESTATE
Mls Name: Stellar MLS
Mls ID: #TB8470283