1829 Bough Ave UNIT 4ClearwaterFL33760
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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
Investment property for sale in Clearwater at 1829 Bough Ave UNIT 4, Clearwater, FL, 33760 offers a 9.4% rental yield on a $129,000 purchase with $1,011/mo rent. Total monthly income registers $1,011/mo, and a $631/mo payment leaves $155/mo available for distribution. Annual cash flow reaches $1,864/yr on $42,764 to close, and return on cash invested stands at 24.27% in year one. Equity gained on principal adds $832/yr while 5% annual appreciation supports $35,640 over five years. Portfolio math shows five-year ROI at 126.87% and total cumulative return in cash at $54,253. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,011/mo property income against a $631/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33760, Clearwater, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,339 (100%) |
| Owner Occupied HU | 3,918 (47.0%) |
| Renter Occupied HU | 3,631 (43.5%) |
| Vacant Housing Units | 790 ( 9.5%) |
| Median Home Value | $378,902 |
| Average Home Value | $429,305 |
Housing Distribution
Address Breakdown
Residential
7,950
Single Family
4,777
Multi-Family
3,173
Businesses
794
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Listed by: Joseph Amadeo • BILTMORE GROUP INC
Mls Name: Stellar MLS
Mls ID: #U8253343