945 8th St NSaint PetersburgFL33701
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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 945 8th St N, Saint Petersburg, FL, 33701 uses $150,998 cash to close to unlock $7,265/yr annual cash flow and $605/mo monthly cash flow. Total monthly income runs $3,742/mo, and a $2,229/mo payment keeps the spread at $605/mo. Purchase price stands at $455,500, and rental yield measures 9.86% with $3,742/mo rent. Return on cash invested shows 24.72% in year one, and 5% annual appreciation builds toward $125,846 over five years. Five-year ROI reaches 129.57% and total cumulative return in cash records $195,653. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,742/mo property income covering a $2,229/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33701, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,857 (100%) |
| Owner Occupied HU | 4,780 (32.2%) |
| Renter Occupied HU | 7,946 (53.5%) |
| Vacant Housing Units | 2,131 (14.3%) |
| Median Home Value | $680,200 |
| Average Home Value | $846,003 |
Housing Distribution
Address Breakdown
Residential
13,067
Single Family
4,473
Multi-Family
8,594
Businesses
1,397
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Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A