1618 Tuscola RdClearwaterFL33756
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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 1618 Tuscola Rd, Clearwater, FL, 33756 uses $165,750 cash to close to unlock $2,954/yr annual cash flow and $246/mo monthly cash flow. Total monthly income runs $3,564/mo, and a $2,447/mo payment keeps the spread at $246/mo. Purchase price stands at $500,000, and rental yield measures 8.55% with $3,564/mo rent. Return on cash invested shows 21.69% in year one, and 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 113% and total cumulative return in cash records $187,304. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,564/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Single Family
Built in 1958
7,998 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: Christopher Lampe • SEA GLASS FLORIDA PROPERTIES
Mls Name: Stellar MLS
Mls ID: #TB8444403