7910 Sun Island Dr S APT 203South 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 7910 Sun Island Dr S APT 203, South Pasadena, FL, 33707 uses $74,588 cash to close to unlock $7,429/yr annual cash flow and $619/mo monthly cash flow. Total monthly income runs $2,112/mo, and a $1,101/mo payment keeps the spread at $619/mo. Purchase price stands at $225,000, and rental yield measures 11.26% with $2,112/mo rent. Return on cash invested shows 29.87% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 156.91% and total cumulative return in cash records $117,033. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,112/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Condo
Built in 1974
0.56 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: Stephanie Slavick • RE/MAX ACTION FIRST OF FLORIDA
Mls Name: Stellar MLS
Mls ID: #TB8463883