7941 58th Ave N UNIT 104Saint PetersburgFL33709
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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 Saint Petersburg at 7941 58th Ave N UNIT 104, Saint Petersburg, FL, 33709 offers a 19.16% rental yield on a $107,000 purchase with $1,708/mo rent. Total monthly income registers $1,708/mo, and a $524/mo payment leaves $361/mo available for distribution. Annual cash flow reaches $4,336/yr on $35,471 to close, and return on cash invested stands at 32.13% in year one. Equity gained on principal adds $690/yr while 5% annual appreciation supports $29,562 over five years. Portfolio math shows five-year ROI at 176.92% and total cumulative return in cash at $62,754. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,708/mo property income against a $524/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1978
N/A lot
$N/A/sqft
$548 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33709, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,719 (100%) |
| Owner Occupied HU | 9,528 (64.7%) |
| Renter Occupied HU | 3,231 (22.0%) |
| Vacant Housing Units | 1,960 (13.3%) |
| Median Home Value | $280,859 |
| Average Home Value | $309,147 |
Housing Distribution
Address Breakdown
Residential
13,630
Single Family
10,773
Multi-Family
2,857
Businesses
700
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Listed by: Kristin Zimmerman • KELLER WILLIAMS REALTY PORTFOLIO COLLECTION
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8405691
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