7210 Dr Martin Luther King Jr St NSaint PetersburgFL33702
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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 7210 Dr Martin Luther King Jr St N, Saint Petersburg, FL, 33702 generates $2,777/mo in rent and, after a $1,395/mo payment, leaves $886/mo in cash flow. Total monthly income is $2,777/mo, and annual cash flow is $10,627/yr on $94,478 invested. Return on cash invested sits at 31.16% in year one, and rental yield is 11.69% on a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 163.77% and total cumulative return in cash sums $154,722. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,777/mo property income rather than buyer’s personal income.
Single Family
Built in 1956
7,501 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33702, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,664 (100%) |
| Owner Occupied HU | 8,981 (61.2%) |
| Renter Occupied HU | 4,329 (29.5%) |
| Vacant Housing Units | 1,354 ( 9.2%) |
| Median Home Value | $411,755 |
| Average Home Value | $465,872 |
Housing Distribution
Address Breakdown
Residential
15,540
Single Family
11,571
Multi-Family
3,969
Businesses
705
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Listed by: Melda Pajazetovic • GREAT WESTERN REALTY
Mls Name: Stellar MLS
Mls ID: #TB8458198