2281 Springwood Cir WClearwaterFL33763
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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 2281 Springwood Cir W, Clearwater, FL, 33763 uses $107,738 cash to close to unlock $1,836/yr annual cash flow and $153/mo monthly cash flow. Total monthly income runs $2,310/mo, and a $1,591/mo payment keeps the spread at $153/mo. Purchase price stands at $325,000, and rental yield measures 8.53% with $2,310/mo rent. Return on cash invested shows 21.61% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 112.56% and total cumulative return in cash records $121,273. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,310/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Single Family
Built in 1985
5,131 sqft 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: Asher Walli • CHARLES RUTENBERG REALTY INC
Mls Name: Stellar MLS
Mls ID: #TB8466012