15 N Comet AveClearwaterFL33765
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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 15 N Comet Ave, Clearwater, FL, 33765 listed at $350,000 pairs $2,898/mo rent with a $1,713/mo payment to leave $575/mo cash flow. Total monthly income runs $2,898/mo, and annual cash flow reaches $6,905/yr on $116,025 cash to close. Return on cash invested measures 25.86% in year one, and rental yield registers 9.94% at a $350,000 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,699 by year five. Five-year ROI tracks 135.36% and total cumulative return in cash totals $157,046. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,898/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1953
9,466 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33765, Clearwater, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,763 (100%) |
| Owner Occupied HU | 2,760 (47.9%) |
| Renter Occupied HU | 2,507 (43.5%) |
| Vacant Housing Units | 496 ( 8.6%) |
| Median Home Value | $368,454 |
| Average Home Value | $443,308 |
Housing Distribution
Address Breakdown
Residential
6,249
Single Family
4,269
Multi-Family
1,980
Businesses
1,229
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Listed by: Jo-Ann Frazho • ATRIUM REALTY, LLC
Mls Name: Stellar MLS
Mls ID: #TB8429986