7872 Sailboat Key Blvd S APT 301South PasadenaFL33707
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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
Investment property for sale in South Pasadena at 7872 Sailboat Key Blvd S APT 301, South Pasadena, FL, 33707 offers a 6.02% rental yield on a $799,000 purchase with $4,009/mo rent. 16% in year one. Equity gained on principal adds $5,156/yr while 5% annual appreciation supports $220,749 over five years. Portfolio math shows five-year ROI at 72.55% and total cumulative return in cash at $190,710. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,009/mo property income against a $3,911/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1991
1.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33707, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,791 (100%) |
| Owner Occupied HU | 9,258 (58.6%) |
| Renter Occupied HU | 4,057 (25.7%) |
| Vacant Housing Units | 2,476 (15.7%) |
| Median Home Value | $458,933 |
| Average Home Value | $604,684 |
Housing Distribution
Address Breakdown
Residential
14,754
Single Family
9,073
Multi-Family
5,681
Businesses
846
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Listed by: Nick Filtz • ENGEL & VOLKERS ST. PETE
Mls Name: Stellar MLS
Mls ID: #TB8383775