2019 Utopian Dr W APT 204ClearwaterFL33763
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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 2019 Utopian Dr W APT 204, Clearwater, FL, 33763 uses $89,505 cash to close to unlock $8,577/yr annual cash flow and $715/mo monthly cash flow. Total monthly income runs $2,507/mo, and a $1,322/mo payment keeps the spread at $715/mo. Purchase price stands at $270,000, and rental yield measures 11.14% with $2,507/mo rent. Return on cash invested shows 29.49% in year one, and 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 154.84% and total cumulative return in cash records $138,589. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,507/mo property income covering a $1,322/mo payment rather than investor’s personal income.
Condo
Built in 1999
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33763, Clearwater, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,678 (100%) |
| Owner Occupied HU | 7,996 (63.1%) |
| Renter Occupied HU | 2,999 (23.7%) |
| Vacant Housing Units | 1,683 (13.3%) |
| Median Home Value | $302,679 |
| Average Home Value | $345,380 |
Housing Distribution
Address Breakdown
Residential
10,816
Single Family
4,534
Multi-Family
6,282
Businesses
303
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Listed by: Lance Willard LLC • CHARLES RUTENBERG REALTY INC
Mls Name: Stellar MLS
Mls ID: #TB8453390