7400 Sun Island Dr S APT 603South 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 7400 Sun Island Dr S APT 603, South Pasadena, FL, 33707 earns $991/mo cash flow from $3,108/mo rent with a $1,561/mo payment. Total monthly income totals $3,108/mo, and annual cash flow totals $11,897/yr on $105,749 capital. ROI tracks 31.16% on current figures, and rental yield reads 11.69% at a $319,000 purchase. Equity gained on principal adds $2,058/yr, and 5% annual appreciation supports $88,134 over five years. Five-year ROI reaches 163.78% and total cumulative return in cash sums $173,197. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,108/mo property income instead of your personal income.
Condo
Built in 1971
N/A 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: Allison Jennessee • CHARLES RUTENBERG REALTY INC
Mls Name: Stellar MLS
Mls ID: #TB8409081