1655 S Highland Ave APT I181ClearwaterFL33756
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
Rental property for sale in Clearwater at 1655 S Highland Ave APT I181, Clearwater, FL, 33756 generates $1,738/mo in rent and, after a $974/mo payment, leaves $13/mo in cash flow. Total monthly income is $1,738/mo, and annual cash flow is $161/yr on $65,969 invested. Return on cash invested sits at 20.15% in year one, and rental yield is 10.48% on a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 107.44% and total cumulative return in cash sums $70,878. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,738/mo property income rather than buyer’s personal income.
Condo
Built in 1972
N/A lot
$N/A/sqft
$404 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: Bob Dean • CENTURY 21 BEGGINS
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8315416
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