821 Newton Ave SSaint PetersburgFL33701
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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
Rental property for sale in Saint Petersburg at 821 Newton Ave S, Saint Petersburg, FL, 33701 priced at $250,000 pairs $1,922/mo rent with $263/mo cash flow after a $1,224/mo payment. Total monthly income equals $1,922/mo, and annual cash flow comes to $3,151/yr on $82,875 invested. Return on cash invested is 23.71% in year one, and rental yield stands at 9.23% on a $250,000 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,070 by year five. Five-year ROI measures 123.84% and total cumulative return in cash reaches $102,634. For financing, Ziffy Mortgage’s DSCR program evaluates $1,922/mo property income against a $1,224/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1937
5,144 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33701, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,857 (100%) |
| Owner Occupied HU | 4,780 (32.2%) |
| Renter Occupied HU | 7,946 (53.5%) |
| Vacant Housing Units | 2,131 (14.3%) |
| Median Home Value | $680,200 |
| Average Home Value | $846,003 |
Housing Distribution
Address Breakdown
Residential
13,067
Single Family
4,473
Multi-Family
8,594
Businesses
1,397
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Listed by: Otniel Gil • JASON MITCHELL REAL ESTATE FLO
Mls Name: Stellar MLS
Mls ID: #TB8463729