850 15th 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 850 15th Ave S, Saint Petersburg, FL, 33701 priced at $278,613 converts $3,462/mo rent into $1,613/mo cash flow after a $1,364/mo obligation. Total monthly income equals $3,462/mo, and annual cash flow totals $19,353/yr on $92,360 invested. Return on cash invested prints 40.86% in year one, and rental yield reads 14.91% against a $278,613 entry. Equity gained on principal adds $1,798/yr, while 5% annual appreciation compiles into $76,976 by year five. Five-year ROI reaches 215.8% and total cumulative return in cash sums $199,313. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,462/mo property income covering a $1,364/mo payment, not borrower’s personal income.
Single Family
Built in 2024
4,887 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: Scott Friedman • STOFEL & ASSOCIATES REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #U8245264
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