781 58th Ave NESaint PetersburgFL33703
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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 781 58th Ave NE, Saint Petersburg, FL, 33703 generates $2,725/mo in rent and, after a $1,674/mo payment, leaves $455/mo in cash flow. Total monthly income is $2,725/mo, and annual cash flow is $5,464/yr on $113,373 invested. Return on cash invested sits at 24.73% in year one, and rental yield is 9.56% on a $342,000 entry. Equity gained on principal adds $2,207/yr, while 5% annual appreciation builds toward $94,488 over five years. Five-year ROI reaches 129.29% and total cumulative return in cash sums $146,578. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,725/mo property income rather than buyer’s personal income.
Single Family
Built in 1951
7,471 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: Maria Lammoglia • EXIT GLOBAL REALTY
Mls Name: Stellar MLS
Mls ID: #O6339066