1348 Chesterfield DrClearwaterFL33756
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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 1348 Chesterfield Dr, Clearwater, FL, 33756 uses $147,683 cash to close to unlock $13/yr annual cash flow and $1/mo monthly cash flow. Total monthly income runs $2,958/mo, and a $2,181/mo payment keeps the spread at $1/mo. Purchase price stands at $445,500, and rental yield measures 7.97% with $2,958/mo rent. Return on cash invested shows 19.92% in year one, and 5% annual appreciation builds toward $123,083 over five years. Five-year ROI reaches 103.51% and total cumulative return in cash records $152,865. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,958/mo property income covering a $2,181/mo payment rather than investor’s personal income.
Single Family
Built in 1961
8,864 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: Barbaranne Hill-Irving • BHHS FLORIDA PROPERTIES GROUP
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8363383
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511