9136 42nd Ln NPinellas ParkFL33782
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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 Pinellas Park at 9136 42nd Ln N, Pinellas Park, FL, 33782 offers a 11.34% rental yield on a $350,000 purchase with $3,308/mo rent. Total monthly income registers $3,308/mo, and a $1,713/mo payment leaves $985/mo available for distribution. Annual cash flow reaches $11,825/yr on $116,025 to close, and return on cash invested stands at 30.1% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,699 over five years. Portfolio math shows five-year ROI at 158.11% and total cumulative return in cash at $183,446. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,308/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1979
6,329 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33782, Pinellas Park, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,235 (100%) |
| Owner Occupied HU | 7,655 (62.6%) |
| Renter Occupied HU | 3,651 (29.8%) |
| Vacant Housing Units | 929 ( 7.6%) |
| Median Home Value | $316,483 |
| Average Home Value | $362,575 |
Housing Distribution
Address Breakdown
Residential
11,023
Single Family
8,837
Multi-Family
2,186
Businesses
413
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Listed by: Cyndi Olmstead • CONCI, REALTORS
Mls Name: Stellar MLS
Mls ID: #TB8379372