724 40th Ave SSaint PetersburgFL33705
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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 724 40th Ave S, Saint Petersburg, FL, 33705 listed at $365,000 pairs $3,113/mo rent with a $1,786/mo payment to leave $691/mo cash flow. Total monthly income runs $3,113/mo, and annual cash flow reaches $8,295/yr on $120,998 cash to close. Return on cash invested measures 26.76% in year one, and rental yield registers 10.23% at a $365,000 basis. Equity gained on principal adds $2,355/yr, and annual property appreciation at 5% supports $100,843 by year five. Five-year ROI tracks 140.21% and total cumulative return in cash totals $169,651. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,113/mo property income relative to a $1,786/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1951
5,519 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33705, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,777 (100%) |
| Owner Occupied HU | 6,533 (44.2%) |
| Renter Occupied HU | 6,370 (43.1%) |
| Vacant Housing Units | 1,874 (12.7%) |
| Median Home Value | $465,376 |
| Average Home Value | $543,923 |
Housing Distribution
Address Breakdown
Residential
14,118
Single Family
10,257
Multi-Family
3,861
Businesses
605
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Listed by: Caroline Burgess • STOFEL & ASSOCIATES REALTY
Mls Name: Stellar MLS
Mls ID: #TB8429070