854 60th Ave NESaint PetersburgFL33703
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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 Saint Petersburg at 854 60th Ave NE, Saint Petersburg, FL, 33703 uses $74,588 cash to close to unlock $24,661/yr annual cash flow and $2,055/mo monthly cash flow. Total monthly income runs $3,548/mo, and a $1,101/mo payment keeps the spread at $2,055/mo. Purchase price stands at $225,000, and rental yield measures 18.92% with $3,548/mo rent. Return on cash invested shows 52.97% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 280.79% and total cumulative return in cash records $209,433. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,548/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1951
7,379 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33703, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,143 (100%) |
| Owner Occupied HU | 8,870 (73.0%) |
| Renter Occupied HU | 2,283 (18.8%) |
| Vacant Housing Units | 990 ( 8.2%) |
| Median Home Value | $557,929 |
| Average Home Value | $656,191 |
Housing Distribution
Address Breakdown
Residential
11,300
Single Family
9,784
Multi-Family
1,516
Businesses
259
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Listed by: Xina Rim PA • SEASIDE LUXURY REAL ESTATE GROUP
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8331266
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