1890 Wolford Rd APT 3ClearwaterFL33760
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
Investment property for sale in Clearwater at 1890 Wolford Rd APT 3, Clearwater, FL, 33760 uses $64,643 cash to close to unlock $2,380/yr annual cash flow and $198/mo monthly cash flow. Total monthly income runs $1,492/mo, and a $954/mo payment keeps the spread at $198/mo. Purchase price stands at $195,000, and rental yield measures 9.18% with $1,492/mo rent. Return on cash invested shows 23.59% in year one, and 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 123.2% and total cumulative return in cash records $79,642. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,492/mo property income covering a $954/mo payment rather than investor’s personal income.
Condo
Built in 1981
0.90 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dave Doherty • TOM TUCKER REALTY
Mls Name: Stellar MLS
Mls ID: #TB8439454