9182 42nd Way N #5Pinellas 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 9182 42nd Way N #5, Pinellas Park, FL, 33782 uses $119,340 cash to close to unlock $2,784/yr annual cash flow and $232/mo monthly cash flow. Total monthly income runs $2,621/mo, and a $1,762/mo payment keeps the spread at $232/mo. Purchase price stands at $360,000, and rental yield measures 8.74% with $2,621/mo rent. Return on cash invested shows 22.24% in year one, and 5% annual appreciation builds toward $99,461 over five years. Five-year ROI reaches 115.94% and total cumulative return in cash records $138,357. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,621/mo property income covering a $1,762/mo payment rather than investor’s personal income.
Condo
Built in 1978
7,623 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: Judy Selak • MAINLANDS-LAKES REALTY INC
Mls Name: Stellar MLS
Mls ID: #TB8453328