6960 20th Ave N APT 404Saint 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
Rental property for sale in Saint Petersburg at 6960 20th Ave N APT 404, Saint Petersburg, FL, 33710 generates $3,185/mo in rent and, after a $953/mo payment, leaves $1,224/mo in cash flow. Total monthly income is $3,185/mo, and annual cash flow is $14,685/yr on $64,576 invested. Return on cash invested sits at 42.65% in year one, and rental yield is 19.62% on a $194,800 entry. Equity gained on principal adds $1,257/yr, while 5% annual appreciation builds toward $53,820 over five years. Five-year ROI reaches 229.88% and total cumulative return in cash sums $148,447. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,185/mo property income rather than buyer’s personal income.
Condo
Built in 1972
N/A lot
$N/A/sqft
$669 monthly 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: Travis Pettengil • CHARLES RUTENBERG REALTY INC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #U8249047
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