776 116th Ave N APT 1108Saint PetersburgFL33716
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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
Investment property for sale in Saint Petersburg at 776 116th Ave N APT 1108, Saint Petersburg, FL, 33716 earns $471/mo cash flow from $1,788/mo rent with a $631/mo payment. Total monthly income totals $1,788/mo, and annual cash flow totals $5,655/yr on $42,764 capital. ROI tracks 33.13% on current figures, and rental yield reads 16.63% at a $129,000 purchase. Equity gained on principal adds $832/yr, and 5% annual appreciation supports $35,640 over five years. Five-year ROI reaches 179.12% and total cumulative return in cash sums $76,597. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,788/mo property income instead of your personal income.
Condo
Built in 1975
7.72 Acres lot
$N/A/sqft
$416 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33716, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,631 (100%) |
| Owner Occupied HU | 1,970 (15.6%) |
| Renter Occupied HU | 9,502 (75.2%) |
| Vacant Housing Units | 1,159 ( 9.2%) |
| Median Home Value | $149,441 |
| Average Home Value | $266,786 |
Housing Distribution
Address Breakdown
Residential
10,520
Single Family
1,960
Multi-Family
8,560
Businesses
513
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Listed by: Kinga Sojka • DALTON WADE INC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8311174
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