7060 S Shore Dr SSouth PasadenaFL33707
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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 South Pasadena at 7060 S Shore Dr S, South Pasadena, FL, 33707 earns from $5,870/mo rent with a $8,316/mo payment. Total monthly income totals $5,870/mo. ROI tracks 8.59% on current figures, and rental yield reads 4.15% at a $1,699,000 purchase. Equity gained on principal adds $10,963/yr, and 5% annual appreciation supports $469,402 over five years. Five-year ROI reaches 42.63% and total cumulative return in cash sums $234,641. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,870/mo property income instead of your personal income.
Single Family
Built in 1958
10,755 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
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Listed by: Bailey Vasti • NEXTHOME LUXE COASTAL
Mls Name: Stellar MLS
Mls ID: #TB8386312