1361 Overlea StClearwaterFL33755
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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 1361 Overlea St, Clearwater, FL, 33755 priced at $345,997 converts $2,037/mo rent into after a $1,693/mo obligation. Total monthly income equals $2,037/mo. Return on cash invested prints 15.28% in year one, and rental yield reads 7.06% against a $345,997 entry. Equity gained on principal adds $2,233/yr, while 5% annual appreciation compiles into $95,593 by year five. Five-year ROI reaches 79.31% and total cumulative return in cash sums $90,965. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,037/mo property income covering a $1,693/mo payment, not borrower’s personal income.
Single Family
Built in 1954
9,287 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33755, Clearwater, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,784 (100%) |
| Owner Occupied HU | 5,910 (50.2%) |
| Renter Occupied HU | 4,608 (39.1%) |
| Vacant Housing Units | 1,266 (10.7%) |
| Median Home Value | $393,319 |
| Average Home Value | $513,996 |
Housing Distribution
Address Breakdown
Residential
11,298
Single Family
9,805
Multi-Family
1,493
Businesses
625
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Listed by: Giancarlo Gonzalez • GOAL PROPERTIES
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8374877
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