9813 37th St NPinellas 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 9813 37th St N, Pinellas Park, FL, 33782 offers a 11.15% rental yield on a $254,000 purchase with $2,360/mo rent. Total monthly income registers $2,360/mo, and a $1,243/mo payment leaves $675/mo available for distribution. Annual cash flow reaches $8,095/yr on $84,201 to close, and return on cash invested stands at 29.52% in year one. Equity gained on principal adds $1,639/yr while 5% annual appreciation supports $70,176 over five years. Portfolio math shows five-year ROI at 155.01% and total cumulative return in cash at $130,518. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,360/mo property income against a $1,243/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
4,948 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: Eileen Bedinghaus • RE/MAX REALTY UNLIMITED
Mls Name: Stellar MLS
Mls ID: #TB8431472