Mortgage Note Available · Single Family in St Petersburg, FL

About this deal

Discounted performing note secured by a single-family home located at 8950 Dr Ml King Jr St N, St Petersburg, FL. Outstanding balance near $330,000. Borrower is current; strong collateral. Great addition to a note portfolio or self-directed IRA. Tape and financials provided to qualified buyers.

The numbers

Cap rate

10.5%

Net operating income

$15,960/yr

Cash flow

+$1,330/mo

Occupancy

1 of 2 units

Figures are provided by the seller and haven’t been verified by ListDeed. Do your own due diligence.