6800 20th Ave N APT 107Saint PetersburgFL33710
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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 6800 20th Ave N APT 107, Saint Petersburg, FL, 33710 uses $53,206 cash to close to unlock $2,586/yr annual cash flow and $215/mo monthly cash flow. Total monthly income runs $1,281/mo, and a $786/mo payment keeps the spread at $215/mo. Purchase price stands at $160,500, and rental yield measures 9.58% with $1,281/mo rent. Return on cash invested shows 24.77% in year one, and 5% annual appreciation builds toward $44,343 over five years. Five-year ROI reaches 129.53% and total cumulative return in cash records $68,919. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,281/mo property income covering a $786/mo payment rather than investor’s personal income.
Condo
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33710, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,655 (100%) |
| Owner Occupied HU | 11,381 (72.7%) |
| Renter Occupied HU | 3,470 (22.2%) |
| Vacant Housing Units | 804 ( 5.1%) |
| Median Home Value | $408,945 |
| Average Home Value | $455,080 |
Housing Distribution
Address Breakdown
Residential
15,217
Single Family
12,899
Multi-Family
2,318
Businesses
1,071
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Listed by: Snejana Ivanov • COLDWELL BANKER REALTY
Mls Name: Stellar MLS
Mls ID: #TB8461945