2077 Magnolia DrClearwaterFL33764
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 2077 Magnolia Dr, Clearwater, FL, 33764 offers a 8.05% rental yield on a $495,000 purchase with $3,320/mo rent. Total monthly income registers $3,320/mo, and a $2,423/mo payment leaves $35/mo available for distribution. Annual cash flow reaches $418/yr on $164,093 to close, and return on cash invested stands at 20.16% in year one. Equity gained on principal adds $3,194/yr while 5% annual appreciation supports $136,759 over five years. Portfolio math shows five-year ROI at 104.79% and total cumulative return in cash at $171,946. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,320/mo property income against a $2,423/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
9,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33764, Clearwater, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,526 (100%) |
| Owner Occupied HU | 10,029 (57.2%) |
| Renter Occupied HU | 5,082 (29.0%) |
| Vacant Housing Units | 2,415 (13.8%) |
| Median Home Value | $362,220 |
| Average Home Value | $400,141 |
Housing Distribution
Address Breakdown
Residential
14,688
Single Family
10,183
Multi-Family
4,505
Businesses
561
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mary White • SOUTHERN LIFE REALTY
Mls Name: Stellar MLS
Mls ID: #TB8404275