2548 Langdon Ave S
Saint Petersburg, FL 33712
List Price
$275,000
Initial Investment
$74,938Purchase Price
$275,000
Down Payment
25%
Rent
$1,840
Total Return
$192,395
Annualized Return
28.1%
Cap Rate
4.8%
Gross Yield
8.0%
Cash Flow
-$2,658
Appreciation
12.1%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
3,293
HOA
None
Flood Risk
Not Required
Investment Opportunity in St. Petersburg!
Looking for a smart addition to your investment portfolio or a perfect first home? This charming 4-bedroom, 1-bath single-family home in the desirable Wildwood Heights neighborhood is your answer! New Roof 2024, AC 3 years old.
Tenant Occupied: The property is currently leased until April 2025, offering immediate rental income for investors.
Key Features:
New Roof: Installed in December 2023.
Modern Comfort: Central AC (installed in 2018) ensures year-round comfort.
Stylish Flooring: Laminate flooring throughout the home.
Prime Location:
1 mile to the Pinellas Trail, 3 Daughters Brewing, Tropicana Field, and Grand Central's vibrant restaurants and shops.
Quick access to I-275 for easy commuting.
Just one block from Wildwood Park, featuring tennis courts, baseball fields, playgrounds, basketball courts, and a pool—perfect for enjoying Florida's outdoor lifestyle.
See more in Analysis
Jeff Wills
Sefair Investments, Inc
FL Agent License #BK3326417
Annual Financial Highlights
Expected Rent
$20,976Expenses
-$3,734Property Taxes
-$4,950Loan Payments
-$14,950Net Cash Flow
-$2,658See more in Financials
Property Characteristics
Buyer's Agent
An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
- You can contact your Agent with questions even before making an offer.
- A professional home inspection will be conducted prior to closing. This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor. As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.
Property Management
Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
Similar Listings
Listing Courtesy of:Amy Williams
Agent License 3385239
LPT REALTY
Agent License 3385239
LPT REALTY
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #TB8322584
Last Updated: 11/19/2024 08:11
MLS #TB8322584
Last Updated: 11/19/2024 08:11