Harmony Plan, Art HouseSaint 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
Rental property for sale in Saint Petersburg at Harmony Plan, Art House, Saint Petersburg, FL, 33701 priced at $979,000 converts $8,230/mo rent into $1,733/mo cash flow after a $4,792/mo obligation. Total monthly income equals $8,230/mo, and annual cash flow totals $20,795/yr on $322,091 invested. Return on cash invested prints 26.52% in year one, and rental yield reads 10.09% against a $979,000 entry. Equity gained on principal adds $6,317/yr, while 5% annual appreciation compiles into $270,480 by year five. Five-year ROI reaches 138.82% and total cumulative return in cash sums $447,142. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $8,230/mo property income covering a $4,792/mo payment, not borrower’s personal income.
Condo
Built in 2025
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 • Smith & Associates Real Estate
Mls Name: The Ronto Group
Mls ID: #N/A