1800 Magnolia DrClearwaterFL33764
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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 1800 Magnolia Dr, Clearwater, FL, 33764 generates $4,517/mo in rent and, after a $2,619/mo payment, leaves $966/mo in cash flow. Total monthly income is $4,517/mo, and annual cash flow is $11,595/yr on $176,015 invested. Return on cash invested sits at 26.65% in year one, and rental yield is 10.13% on a $535,000 entry. Equity gained on principal adds $3,452/yr, while 5% annual appreciation builds toward $147,811 over five years. Five-year ROI reaches 139.55% and total cumulative return in cash sums $245,632. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,517/mo property income rather than buyer’s personal income.
Single Family
Built in 1958
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33764, Clearwater, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,526 (100%) |
| Owner Occupied HU | 10,029 (57.2%) |
| Renter Occupied HU | 5,082 (29.0%) |
| Vacant Housing Units | 2,415 (13.8%) |
| Median Home Value | $362,220 |
| Average Home Value | $400,141 |
Housing Distribution
Address Breakdown
Residential
14,688
Single Family
10,183
Multi-Family
4,505
Businesses
561
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Listed by: Michelle Menke Fife • KELLER WILLIAMS ST PETE REALTY
Mls Name: Stellar MLS
Mls ID: #TB8452675