7540 Sunshine Skyway Ln S APT 221Saint PetersburgFL33711
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
Investment Highlights
Total monthly income runs $2,743/mo, and a $2,447/mo payment. Purchase price stands at $499,900, and rental yield measures 6.58% with $2,743/mo rent. Return on cash invested shows 15.75% in year one, and 5% annual appreciation builds toward $138,113 over five years. Five-year ROI reaches 81.12% and total cumulative return in cash records $134,436. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,743/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Condo
Built in 1982
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33711, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,785 (100%) |
| Owner Occupied HU | 4,897 (50.0%) |
| Renter Occupied HU | 3,692 (37.7%) |
| Vacant Housing Units | 1,196 (12.2%) |
| Median Home Value | $399,107 |
| Average Home Value | $486,386 |
Housing Distribution
Address Breakdown
Residential
8,882
Single Family
6,634
Multi-Family
2,248
Businesses
426
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeff Joyner, X • COMPASS FLORIDA LLC
Mls Name: Stellar MLS
Mls ID: #TB8419367