1655 Owen DrClearwaterFL33759
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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
Rental property for sale in Clearwater at 1655 Owen Dr, Clearwater, FL, 33759 priced at $309,990 pairs $2,267/mo rent with $210/mo cash flow after a $1,517/mo payment. Total monthly income equals $2,267/mo, and annual cash flow comes to $2,521/yr on $102,762 invested. Return on cash invested is 22.36% in year one, and rental yield stands at 8.78% on a $309,990 basis. Equity gained on principal adds $2,000/yr, and 5% annual appreciation accumulates to $85,645 by year five. Five-year ROI measures 116.6% and total cumulative return in cash reaches $119,824. For financing, Ziffy Mortgage’s DSCR program evaluates $2,267/mo property income against a $1,517/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1967
7,858 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33759, Clearwater, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,229 (100%) |
| Owner Occupied HU | 4,632 (45.3%) |
| Renter Occupied HU | 4,529 (44.3%) |
| Vacant Housing Units | 1,068 (10.4%) |
| Median Home Value | $441,533 |
| Average Home Value | $496,625 |
Housing Distribution
Address Breakdown
Residential
8,947
Single Family
5,798
Multi-Family
3,149
Businesses
572
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Listed by: Rose Perez Muniz • FLORIDA'S 1ST CHOICE RLTY LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8368121
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