1655 S Highland Ave APT E223ClearwaterFL33756
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 1655 S Highland Ave APT E223, Clearwater, FL, 33756 earns from $1,603/mo rent with a $1,169/mo payment. Total monthly income totals $1,603/mo. ROI tracks 9.98% on current figures, and rental yield reads 8.05% at a $238,900 purchase. Equity gained on principal adds $1,542/yr, and 5% annual appreciation supports $66,004 over five years. Five-year ROI reaches 53.87% and total cumulative return in cash sums $42,665. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,603/mo property income instead of your personal income.
Condo
Built in 1971
N/A lot
$N/A/sqft
$567 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Greg Vander Wel • REALNET FLORIDA REAL ESTATE
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #T3551641
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