(Undisclosed Address)Kenneth CityFL33709
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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 Kenneth City at (Undisclosed Address), Kenneth City, FL, 33709 generates $2,729/mo in rent and, after a $1,346/mo payment, leaves $904/mo in cash flow. Total monthly income is $2,729/mo, and annual cash flow is $10,848/yr on $91,162 invested. Return on cash invested sits at 31.81% in year one, and rental yield is 11.91% on a $274,999 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 167.3% and total cumulative return in cash sums $152,519. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,729/mo property income rather than buyer’s personal income.
Townhouse
Built in 2003
1,189 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33709, Saint Petersburg, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,719 (100%) |
| Owner Occupied HU | 9,528 (64.7%) |
| Renter Occupied HU | 3,231 (22.0%) |
| Vacant Housing Units | 1,960 (13.3%) |
| Median Home Value | $280,859 |
| Average Home Value | $309,147 |
Housing Distribution
Address Breakdown
Residential
13,630
Single Family
10,773
Multi-Family
2,857
Businesses
700
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
Listed by: Terrance Doherty • STAR BAY REALTY CORP.
Mls Name: Stellar MLS
Mls ID: #TB8465632