2293 Swedish Dr APT 11ClearwaterFL33763
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 2293 Swedish Dr APT 11, Clearwater, FL, 33763 in Clearwater. Priced at $202,800, it generates $2,040/mo in gross rent and $619/mo in net monthly cash flow, a 12.07% yield that comfortably supports the 2.24 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $7,424. Five-year appreciation: $56,030. Equity from principal paydown: $1,868/yr. Total projected cumulative return: $117,462.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.1% | 5.2% |
| Monthly Cash Flow | $619 | $400 |
City averages based on Clearwater market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,040 |
| Total Monthly Debt Service | $1,341 |
| DSCR Ratio | 1.52x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Apartment
Built in 1987
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
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
Apartment
Built in 1987
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: N/A • N/A
Mls Name: undefined
Mls ID: #N/A