78 146th Ave EMadeira BeachFL33708
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
Investment property for sale in Madeira Beach at 78 146th Ave E, Madeira Beach, FL, 33708 uses $140,887 cash to close to unlock $24,321/yr annual cash flow and $2,027/mo monthly cash flow. Total monthly income runs $4,847/mo, and a $2,080/mo payment keeps the spread at $2,027/mo. Purchase price stands at $424,999, and rental yield measures 13.69% with $4,847/mo rent. Return on cash invested shows 37.17% in year one, and 5% annual appreciation builds toward $117,419 over five years. Five-year ROI reaches 196% and total cumulative return in cash records $276,136. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,847/mo property income covering a $2,080/mo payment rather than investor’s personal income.
Multi Family
Built in 1950
3,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33708, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,781 (100%) |
| Owner Occupied HU | 6,160 (48.2%) |
| Renter Occupied HU | 2,266 (17.7%) |
| Vacant Housing Units | 4,355 (34.1%) |
| Median Home Value | $575,753 |
| Average Home Value | $706,923 |
Housing Distribution
Address Breakdown
Residential
9,631
Single Family
6,102
Multi-Family
3,529
Businesses
528
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gregory Schreiber • KELLER WILLIAMS REALTY- PALM H
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8326925
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