977 27th Ave SSaint PetersburgFL33705
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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 977 27th Ave S, Saint Petersburg, FL, 33705 offers a 9.22% rental yield on a $175,000 purchase with $1,345/mo rent. Total monthly income registers $1,345/mo, and a $857/mo payment leaves $183/mo available for distribution. Annual cash flow reaches $2,199/yr on $58,013 to close, and return on cash invested stands at 23.7% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,349 over five years. Portfolio math shows five-year ROI at 123.81% and total cumulative return in cash at $71,827. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,345/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
5,044 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33705, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,777 (100%) |
| Owner Occupied HU | 6,533 (44.2%) |
| Renter Occupied HU | 6,370 (43.1%) |
| Vacant Housing Units | 1,874 (12.7%) |
| Median Home Value | $465,376 |
| Average Home Value | $543,923 |
Housing Distribution
Address Breakdown
Residential
14,118
Single Family
10,257
Multi-Family
3,861
Businesses
605
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Listed by: Mike Hydorn • KELLER WILLIAMS TAMPA PROP.
Mls Name: Stellar MLS
Mls ID: #TB8434332