1799 N Highland Ave #185ClearwaterFL33755
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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 1799 N Highland Ave #185, Clearwater, FL, 33755 generates $1,507/mo in rent and, after a $930/mo payment, leaves $246/mo in cash flow. Total monthly income is $1,507/mo, and annual cash flow is $2,953/yr on $62,985 invested. Return on cash invested sits at 24.6% in year one, and rental yield is 9.52% on a $190,000 entry. Equity gained on principal adds $1,226/yr, while 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 128.64% and total cumulative return in cash sums $81,024. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,507/mo property income rather than buyer’s personal income.
Condo
Built in 1971
N/A 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
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Listed by: Conor Green • CHARLES RUTENBERG REALTY INC
Mls Name: Stellar MLS
Mls ID: #TB8394022