1542 Picardy CirClearwaterFL33755
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1542 Picardy Cir, Clearwater, FL, 33755 earns $1,769/mo cash flow from $5,484/mo rent with a $2,740/mo payment. Total monthly income totals $5,484/mo, and annual cash flow totals $21,226/yr on $184,207 capital. ROI tracks 31.58% on current figures, and rental yield reads 11.75% at a $559,900 purchase. Equity gained on principal adds $3,613/yr, and 5% annual appreciation supports $154,690 over five years. Five-year ROI reaches 166% and total cumulative return in cash sums $305,782. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,484/mo property income instead of your personal income.
Single Family
Built in 1961
0.31 Acres 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: Amber Massotto • ASCENT REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8365182
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