1631 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 1631 Picardy Cir, Clearwater, FL, 33755 at $462,500 posts ROI 26.51% with $843/mo cash flow from $3,913/mo rent. Total monthly income equals $3,913/mo, and annual cash flow records $10,122/yr on $153,319 to close. Return on cash invested measures 26.51% and rental yield reads 10.15% at the current $462,500. Equity gained on principal adds $2,984/yr, and 5% annual appreciation supports $127,780 by year five. Five-year ROI prints 138.84% and total cumulative return in cash totals $212,862.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,913/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1964
9,431 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chris Stivers • ENGEL & VOLKERS BELLEAIR
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8321828
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