9525 Blind Pass Rd APT 508Saint 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 9525 Blind Pass Rd APT 508, Saint Pete Beach, FL, 33706 uses $230,300 cash to close to unlock $7,846/yr annual cash flow and $654/mo monthly cash flow. Total monthly income runs $5,299/mo, and a $3,426/mo payment keeps the spread at $654/mo. Purchase price stands at $700,000, and rental yield measures 9.08% with $5,299/mo rent. Return on cash invested shows 23.47% in year one, and 5% annual appreciation builds toward $193,397 over five years. Five-year ROI reaches 122.47% and total cumulative return in cash records $282,052. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,299/mo property income covering a $3,426/mo payment rather than investor’s personal income.
Condo
Built in 1980
2.00 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: Matthew Workman • SANDCASTLE REALTY INC
Mls Name: Stellar MLS
Mls ID: #TB8461567