834 Addison Dr NESaint PetersburgFL33716
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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 834 Addison Dr NE, Saint Petersburg, FL, 33716 priced at $769,900 pairs $4,798/mo rent with after a $3,768/mo payment. Total monthly income equals $4,798/mo. Return on cash invested is 18.59% in year one, and rental yield stands at 7.48% on a $769,900 basis. Equity gained on principal adds $4,968/yr, and 5% annual appreciation accumulates to $212,709 by year five. Five-year ROI measures 96.33% and total cumulative return in cash reaches $243,997. For financing, Ziffy Mortgage’s DSCR program evaluates $4,798/mo property income against a $3,768/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2000
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33716, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,631 (100%) |
| Owner Occupied HU | 1,970 (15.6%) |
| Renter Occupied HU | 9,502 (75.2%) |
| Vacant Housing Units | 1,159 ( 9.2%) |
| Median Home Value | $149,441 |
| Average Home Value | $266,786 |
Housing Distribution
Address Breakdown
Residential
10,520
Single Family
1,960
Multi-Family
8,560
Businesses
513
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Listed by: Alyssa Wells • CHARLES RUTENBERG REALTY INC
Mls Name: Stellar MLS
Mls ID: #TB8468517