7428 Burlington Ave NSaint PetersburgFL33710
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 7428 Burlington Ave N, Saint Petersburg, FL, 33710 in Saint Petersburg. Rental yield 3.16%. At $1,174,990 with 3.16% gross yield, current distributions are modest, but the 5% appreciation rate projects $324,628 in new equity by year five, complemented by $10,822/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.59) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $145,392.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.2% | 6.0% |
| Monthly Cash Flow | $(4,700) | $1,800 |
City averages based on Saint Petersburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,097 |
| Total Monthly Debt Service | $7,330 |
| DSCR Ratio | 0.42x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2024
9,525 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33710, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,655 (100%) |
| Owner Occupied HU | 11,381 (72.7%) |
| Renter Occupied HU | 3,470 (22.2%) |
| Vacant Housing Units | 804 ( 5.1%) |
| Median Home Value | $408,945 |
| Average Home Value | $455,080 |
Housing Distribution
Address Breakdown
Residential
15,217
Single Family
12,899
Multi-Family
2,318
Businesses
1,071
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2024
9,525 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33710, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,655 (100%) |
| Owner Occupied HU | 11,381 (72.7%) |
| Renter Occupied HU | 3,470 (22.2%) |
| Vacant Housing Units | 804 ( 5.1%) |
| Median Home Value | $408,945 |
| Average Home Value | $455,080 |
Housing Distribution
Address Breakdown
Residential
15,217
Single Family
12,899
Multi-Family
2,318
Businesses
1,071
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices