9100 Dr Martin Luther King Jr St N APT 1103Saint PetersburgFL33702
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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 9100 Dr Martin Luther King Jr St N APT 1103, Saint Petersburg, FL, 33702 earns $156/mo cash flow from $1,098/mo rent with a $695/mo payment. Total monthly income totals $1,098/mo, and annual cash flow totals $1,868/yr on $47,073 capital. ROI tracks 23.88% on current figures, and rental yield reads 9.28% at a $142,000 purchase. Equity gained on principal adds $916/yr, and 5% annual appreciation supports $39,232 over five years. Five-year ROI reaches 124.71% and total cumulative return in cash sums $58,706. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,098/mo property income instead of your personal income.
Condo
Built in 1986
27.88 Acres 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
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Listed by: Ashtin Brock • BHHS FLORIDA PROPERTIES GROUP
Mls Name: Stellar MLS
Mls ID: #TB8461741