8180 61st Ln NPinellas ParkFL33781
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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 Pinellas Park at 8180 61st Ln N, Pinellas Park, FL, 33781 listed at $227,000 pairs $1,524/mo rent with a $1,111/mo payment to leave $18/mo cash flow. Total monthly income runs $1,524/mo, and annual cash flow reaches $212/yr on $75,251 cash to close. Return on cash invested measures 20.19% in year one, and rental yield registers 8.06% at a $227,000 basis. Equity gained on principal adds $1,465/yr, and annual property appreciation at 5% supports $62,716 by year five. Five-year ROI tracks 104.96% and total cumulative return in cash totals $78,985. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,524/mo property income relative to a $1,111/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1983
5,410 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33781, Pinellas Park, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,590 (100%) |
| Owner Occupied HU | 6,810 (58.8%) |
| Renter Occupied HU | 4,022 (34.7%) |
| Vacant Housing Units | 758 ( 6.5%) |
| Median Home Value | $330,070 |
| Average Home Value | $402,704 |
Housing Distribution
Address Breakdown
Residential
12,260
Single Family
10,239
Multi-Family
2,021
Businesses
1,370
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Listed by: Derrick Silvers • FUTURE HOME REALTY INC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8368294
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