7297 56th Ave NSaint PetersburgFL33709
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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 7297 56th Ave N, Saint Petersburg, FL, 33709 uses $137,573 cash to close to unlock $18,627/yr annual cash flow and $1,552/mo monthly cash flow. Total monthly income runs $4,306/mo, and a $2,031/mo payment keeps the spread at $1,552/mo. Purchase price stands at $415,000, and rental yield measures 12.45% with $4,306/mo rent. Return on cash invested shows 33.45% in year one, and 5% annual appreciation builds toward $114,657 over five years. Five-year ROI reaches 176.06% and total cumulative return in cash records $242,205. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,306/mo property income covering a $2,031/mo payment rather than investor’s personal income.
Single Family
Built in 1985
8,255 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33709, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,719 (100%) |
| Owner Occupied HU | 9,528 (64.7%) |
| Renter Occupied HU | 3,231 (22.0%) |
| Vacant Housing Units | 1,960 (13.3%) |
| Median Home Value | $280,859 |
| Average Home Value | $309,147 |
Housing Distribution
Address Breakdown
Residential
13,630
Single Family
10,773
Multi-Family
2,857
Businesses
700
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Listed by: Gary Ubaldini • KELLER WILLIAMS REALTY- PALM H
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #U8254088
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