771 Murphy Ave NSaint PetersburgFL33703
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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
Rental property for sale in Saint Petersburg at 771 Murphy Ave N, Saint Petersburg, FL, 33703 priced at $451,000 converts $3,081/mo rent into $89/mo cash flow after a $2,207/mo obligation. Total monthly income equals $3,081/mo, and annual cash flow totals $1,062/yr on $149,507 invested. Return on cash invested prints 20.62% in year one, and rental yield reads 8.2% against a $451,000 entry. Equity gained on principal adds $2,910/yr, while 5% annual appreciation compiles into $124,603 by year five. Five-year ROI reaches 107.25% and total cumulative return in cash sums $160,340. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,081/mo property income covering a $2,207/mo payment, not borrower’s personal income.
Single Family
Built in 1975
7,579 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33703, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,143 (100%) |
| Owner Occupied HU | 8,870 (73.0%) |
| Renter Occupied HU | 2,283 (18.8%) |
| Vacant Housing Units | 990 ( 8.2%) |
| Median Home Value | $557,929 |
| Average Home Value | $656,191 |
Housing Distribution
Address Breakdown
Residential
11,300
Single Family
9,784
Multi-Family
1,516
Businesses
259
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Listed by: Rick Markussen, PA • DALTON WADE INC
Mls Name: Stellar MLS
Mls ID: #TB8450623