2228 NE Coachman RdClearwaterFL33765
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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 2228 NE Coachman Rd, Clearwater, FL, 33765 offers a 8.92% rental yield on a $469,000 purchase with $3,485/mo rent. Total monthly income registers $3,485/mo, and a $2,296/mo payment leaves $372/mo available for distribution. Annual cash flow reaches $4,466/yr on $155,474 to close, and return on cash invested stands at 22.78% in year one. Equity gained on principal adds $3,026/yr while 5% annual appreciation supports $129,576 over five years. Portfolio math shows five-year ROI at 118.85% and total cumulative return in cash at $184,783. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,485/mo property income against a $2,296/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
8,934 sqft 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: Arthur Panagopoulos • COLDWELL BANKER REALTY
Mls Name: Stellar MLS
Mls ID: #TB8460021