5431 70th Ln N

Saint Petersburg, FL 33709
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3 bd, 2 ba | 1,075 sqft | Built in 1955

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List Price
$299,000

Initial Investment

$81,478

Purchase Price

$299,000

Down Payment

25%

Rent

$1,920

Total Return

$196,578

Annualized Return

26.4%

Cap Rate

4.2%

Gross Yield

7.7%

Cash Flow

-$4,653

Appreciation

11.9%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

5,968

HOA

None

Flood Risk

Not Required

Don't miss out on this cozy 3-bedroom, 2-bathroom house conveniently located in central St Petersburg. The open floorplan provides comfortable living with the living room flowing seamlessly to the kitchen. Master bedroom boasts a walk-in closet and en-suite bathroom and a huge step-in, roman shower. The additional two bedrooms share a hall bathroom with a bathtub. Plus, inside laundry room. Bring Fido! The fully fenced backyard is a great feature for pets, providing ample space for them to play and for outdoor activities like BBQs and gardening. Say goodbye to parking woes! The dual driveways provide plenty of space for extra parking. This comfy abode is an easy driving distance to the stunning beaches that St Petersburg is famous for, and less than 10 miles to the vibrant downtown area with its bustling nightlife, dining, and cultural attractions.

See more in Analysis
Jeff Wills
Sefair Investments, Inc
FL Agent License #BK3326417

Annual Financial Highlights

Expected Rent

$21,888

Expenses

-$3,896

Property Taxes

-$6,390

Loan Payments

-$16,255

Net Cash Flow

-$4,653

See 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.

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Listing Courtesy of:Melvin Rich
Agent License 3273515
HECKLER REALTY GROUP LLC
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #TB8322358
Last Updated: 11/18/2024 18:11
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