7897 Sailboat Key Blvd S APT 206South 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 7897 Sailboat Key Blvd S APT 206, South Pasadena, FL, 33707 listed at $327,000 pairs $2,100/mo rent with a $1,601/mo payment. Total monthly income runs $2,100/mo. Return on cash invested measures 19.13% in year one, and rental yield registers 7.71% at a $327,000 basis. Equity gained on principal adds $2,110/yr, and annual property appreciation at 5% supports $90,344 by year five. Five-year ROI tracks 99.27% and total cumulative return in cash totals $107,609. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,100/mo property income relative to a $1,601/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1981
1.72 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: Maureen Meyer • REALTY ONE GROUP MVP
Mls Name: Stellar MLS
Mls ID: #TB8465529