9415 Blind Pass Rd APT 602Saint Pete BeachFL33706
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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 Pete Beach at 9415 Blind Pass Rd APT 602, Saint Pete Beach, FL, 33706 listed at $425,000 pairs $4,074/mo rent with a $2,080/mo payment to leave $1,254/mo cash flow. Total monthly income runs $4,074/mo, and annual cash flow reaches $15,045/yr on $140,888 cash to close. Return on cash invested measures 30.59% in year one, and rental yield registers 11.5% at a $425,000 basis. Equity gained on principal adds $2,742/yr, and annual property appreciation at 5% supports $117,420 by year five. Five-year ROI tracks 160.69% and total cumulative return in cash totals $226,397. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,074/mo property income relative to a $2,080/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1977
1.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33706, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,617 (100%) |
| Owner Occupied HU | 6,397 (47.0%) |
| Renter Occupied HU | 2,347 (17.2%) |
| Vacant Housing Units | 4,873 (35.8%) |
| Median Home Value | $718,412 |
| Average Home Value | $864,993 |
Housing Distribution
Address Breakdown
Residential
10,352
Single Family
6,045
Multi-Family
4,307
Businesses
619
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Listed by: Mike Wheaton • COASTAL PROPERTIES GROUP
Mls Name: Stellar MLS
Mls ID: #TB8430021