2040 Lakeview Dr APT 206ClearwaterFL33763
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 2040 Lakeview Dr APT 206, Clearwater, FL, 33763 listed at $289,900 pairs $2,191/mo rent with a $1,419/mo payment to leave $267/mo cash flow. Total monthly income runs $2,191/mo, and annual cash flow reaches $3,205/yr on $96,102 cash to close. Return on cash invested measures 23.24% in year one, and rental yield registers 9.07% at a $289,900 basis. Equity gained on principal adds $1,871/yr, and annual property appreciation at 5% supports $80,094 by year five. Five-year ROI tracks 121.36% and total cumulative return in cash totals $116,625. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,191/mo property income relative to a $1,419/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1989
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mark Clark • RE/MAX REALTEC GROUP INC
Mls Name: Stellar MLS
Mls ID: #TB8414626