2297 Minneola RdClearwaterFL33764
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 2297 Minneola Rd, Clearwater, FL, 33764 in Clearwater deserves attention. This $640,000 property earns $7,541/mo in rent, a 14.14% gross yield, and nets $3,289/mo after the $2,878/mo payment. DSCR 2.62 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $176,820 compounds alongside $5,894/yr in yearly equity build, for a total cumulative return of $455,595.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.1% | 5.2% |
| Monthly Cash Flow | $3,289 | $400 |
City averages based on Clearwater market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $7,541 |
| Total Monthly Debt Service | $3,998 |
| DSCR Ratio | 1.89x |
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.
Single Family
Built in 1971
0.28 Acres lot
$N/A/sqft
$5 monthly 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
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
Single Family
Built in 1971
0.28 Acres lot
$N/A/sqft
$5 monthly 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