1216 S Missouri Ave UNIT 322ClearwaterFL33756
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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
Investment property for sale in Clearwater at 1216 S Missouri Ave UNIT 322, Clearwater, FL, 33756 listed at $230,000 pairs $1,574/mo rent with a $1,126/mo payment to leave $47/mo cash flow. Total monthly income runs $1,574/mo, and annual cash flow reaches $569/yr on $76,245 cash to close. Return on cash invested measures 20.66% in year one, and rental yield registers 8.21% at a $230,000 basis. Equity gained on principal adds $1,484/yr, and annual property appreciation at 5% supports $63,545 by year five. Five-year ROI tracks 107.46% and total cumulative return in cash totals $81,931. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,574/mo property income relative to a $1,126/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2004
N/A 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: Tanja Cisliek • FUTURE HOME REALTY INC
Mls Name: Stellar MLS
Mls ID: #TB8446229