1881 N Hercules Ave APT 1403ClearwaterFL33765
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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 1881 N Hercules Ave APT 1403, Clearwater, FL, 33765 earns $255/mo cash flow from $1,559/mo rent with a $962/mo payment. Total monthly income totals $1,559/mo, and annual cash flow totals $3,057/yr on $65,140 capital. ROI tracks 24.6% on current figures, and rental yield reads 9.52% at a $196,500 purchase. Equity gained on principal adds $1,268/yr, and 5% annual appreciation supports $54,289 over five years. Five-year ROI reaches 128.61% and total cumulative return in cash sums $83,773. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,559/mo property income instead of your personal income.
Condo
Built in 1972
4.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33765, Clearwater, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,763 (100%) |
| Owner Occupied HU | 2,760 (47.9%) |
| Renter Occupied HU | 2,507 (43.5%) |
| Vacant Housing Units | 496 ( 8.6%) |
| Median Home Value | $368,454 |
| Average Home Value | $443,308 |
Housing Distribution
Address Breakdown
Residential
6,249
Single Family
4,269
Multi-Family
1,980
Businesses
1,229
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Listed by: Peter Chicouris • EQUITY REALTY SUNCOAST
Mls Name: Stellar MLS
Mls ID: #TB8470930