860 S Village Dr N APT 101Saint 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
Investment property for sale in Saint Petersburg at 860 S Village Dr N APT 101, Saint Petersburg, FL, 33716 listed at $190,000 pairs $1,444/mo rent with a $930/mo payment to leave $183/mo cash flow. Total monthly income runs $1,444/mo, and annual cash flow reaches $2,197/yr on $62,985 cash to close. Return on cash invested measures 23.4% in year one, and rental yield registers 9.12% at a $190,000 basis. Equity gained on principal adds $1,226/yr, and annual property appreciation at 5% supports $52,494 by year five. Five-year ROI tracks 122.22% and total cumulative return in cash totals $76,980. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,444/mo property income relative to a $930/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1974
N/A 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 Edds • EXP REALTY LLC
Mls Name: Stellar MLS
Mls ID: #TB8443446