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REI Lense

Saint Petersburg, FL Long-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Saint Petersburg, FL. Based on 50+ datapoints.

Saint Petersburg, FL Long-Term Rental Investment Snapshot

Based on 50+ long-term rental datapoints

Median Cap Rate

4.5%

Avg Cash on Cash

-8.7%

Median Cashflow

-$761/mo

Avg Rent Estimate

$3,302/mo

Avg Price

$491,818

Price Range

$298,800 - $830,100

Rent to Price

0.67%

low ratio

Positive Cashflow

8%

of analyzed properties

Recent real estate investor listings analysed as long-term rental deals in Saint Petersburg, FL

Saint Petersburg, FL is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.5%, typical of premium markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.

Based on 50+ analyzed properties, the median monthly cashflow in Saint Petersburg, FL is -$761 with average rents of $3,302/month. Properties range from $298,800 to $830,100, offering entry points across multiple investment budgets.

9046 3RD STREET N, Saint Petersburg, FL 33702

Price

$445,000

Rent

$2,342

CachFlow

-$966

CoC

-12.4

Full Analysis

4227 HARRISBURG STREET NE, Saint Petersburg, FL 33703

Price

$395,200

Rent

$2,840

CachFlow

-$392

CoC

-5.67

Full Analysis

1524 BRIGHTWATERS BOULEVARD NE, Saint Petersburg, FL 33704

Price

$1,717,400

Rent

$7,585

CachFlow

-$5,020

CoC

-16.7

Full Analysis

144 8TH AVENUE N, Saint Petersburg, FL 33701

Price

$1,041,400

Rent

$5,778

CachFlow

-$2,828

CoC

-15.52

Full Analysis

1500 77TH STREET N, Saint Petersburg, FL 33710

Price

$421,400

Rent

$2,460

CachFlow

-$1,155

CoC

-15.66

Full Analysis
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Saint Petersburg, FL Rental Market Insights

  • Median cashflow is -$761/month — careful deal selection is essential here
  • 4.5% median cap rate is typical of appreciation-focused markets
  • At 8% positive cashflow rate, Saint Petersburg, FL requires selective property picks
  • Premium market with properties from $298,800 to $830,100
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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