701 Mirror Lake Dr N APT 403Saint PetersburgFL33701
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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 701 Mirror Lake Dr N APT 403, Saint Petersburg, FL, 33701 earns from $1,950/mo rent with a $1,561/mo payment. Total monthly income totals $1,950/mo. ROI tracks 7.4% on current figures, and rental yield reads 7.34% at a $318,900 purchase. Equity gained on principal adds $2,058/yr, and 5% annual appreciation supports $88,106 over five years. Five-year ROI reaches 40.19% and total cumulative return in cash sums $42,486. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,950/mo property income instead of your personal income.
Condo
Built in 1915
1.66 Acres lot
$N/A/sqft
$739 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33701, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,857 (100%) |
| Owner Occupied HU | 4,780 (32.2%) |
| Renter Occupied HU | 7,946 (53.5%) |
| Vacant Housing Units | 2,131 (14.3%) |
| Median Home Value | $680,200 |
| Average Home Value | $846,003 |
Housing Distribution
Address Breakdown
Residential
13,067
Single Family
4,473
Multi-Family
8,594
Businesses
1,397
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Listed by: Sierra Kluson • DALTON WADE INC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8312182
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