product

markets

method

5870 38th Ave, Saint Petersburg, FL 33710 — $110,000 · 2bd · ~1.6% rule | OnePercent

5870 38th Ave, Saint Petersburg, FL 33710

$110,000

Home·Saint Petersburg 33710·5870 38th Ave, Saint Petersburg, FL 33710

Confirmed 1 day ago

5870 38th Ave, Saint Petersburg, FL 33710

2 bd · 1 ba · 985 sqft · built 1973 · Saint Petersburg · SINGLE_FAMILY·source listing ↗

$110,000

rent, three ways

OnePercent model (vv1)$1,787/mo

p10–p90 confidence band

HUD Fair Market Rent · 33710 · 2BR$2,070/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Pinellas

Flood risk indexRelatively High FEMA NRI

Median household income$78,611

Median area rent$1,577/mo

Median home value$354,900

the verdict

1.62%vs 1.0% target

financing: 20% down · — (FRED, live) · 30yr

$110,000

1.62% · rent $1,787

Intrinsic value · income approach

$292,836

62% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.