1216 Lotus PathClearwaterFL33756
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Clearwater at 1216 Lotus Path, Clearwater, FL, 33756 priced at $389,000 converts $2,686/mo rent into $104/mo cash flow after a $1,904/mo obligation. Total monthly income equals $2,686/mo, and annual cash flow totals $1,254/yr on $128,954 invested. Return on cash invested prints 20.88% in year one, and rental yield reads 8.29% against a $389,000 entry. Equity gained on principal adds $2,510/yr, while 5% annual appreciation compiles into $107,474 by year five. Five-year ROI reaches 108.65% and total cumulative return in cash sums $140,106. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,686/mo property income covering a $1,904/mo payment, not borrower’s personal income.
Single Family
Built in 1958
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33756, Clearwater, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,802 (100%) |
| Owner Occupied HU | 8,655 (51.5%) |
| Renter Occupied HU | 6,010 (35.8%) |
| Vacant Housing Units | 2,137 (12.7%) |
| Median Home Value | $416,941 |
| Average Home Value | $528,669 |
Housing Distribution
Address Breakdown
Residential
15,099
Single Family
10,738
Multi-Family
4,361
Businesses
1,130
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Listed by: N/A • N/A
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