1500 Leo Ln EClearwaterFL33755
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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 1500 Leo Ln E, Clearwater, FL, 33755 earns from $2,120/mo rent with a $2,765/mo payment. Total monthly income totals $2,120/mo. ROI tracks 8.71% on current figures, and rental yield reads 4.5% at a $565,000 purchase. Equity gained on principal adds $3,646/yr, and 5% annual appreciation supports $156,099 over five years. Five-year ROI reaches 43.64% and total cumulative return in cash sums $81,123. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,120/mo property income instead of your personal income.
Multi Family
Built in 1973
8,250 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: Tom Byrnes • EXP REALTY LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8394503
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