853 88th Ave NSaint PetersburgFL33702
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 853 88th Ave N, Saint Petersburg, FL, 33702 generates $4,378/mo in rent and, after a $1,957/mo payment, leaves $1,504/mo in cash flow. Total monthly income is $4,378/mo, and annual cash flow is $18,043/yr on $132,567 invested. Return on cash invested sits at 33.52% in year one, and rental yield is 13.14% on a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 177.15% and total cumulative return in cash sums $234,836. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,378/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
6,739 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33702, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,664 (100%) |
| Owner Occupied HU | 8,981 (61.2%) |
| Renter Occupied HU | 4,329 (29.5%) |
| Vacant Housing Units | 1,354 ( 9.2%) |
| Median Home Value | $411,755 |
| Average Home Value | $465,872 |
Housing Distribution
Address Breakdown
Residential
15,540
Single Family
11,571
Multi-Family
3,969
Businesses
705
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jessica Kucek • KELLER WILLIAMS REALTY- PALM H
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #U8252266
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