2333 Feather Sound Dr UNIT A409ClearwaterFL33762
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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
Rental property for sale in Clearwater at 2333 Feather Sound Dr UNIT A409, Clearwater, FL, 33762 generates $1,056/mo in rent and, after a $675/mo payment, leaves $141/mo in cash flow. Total monthly income is $1,056/mo, and annual cash flow is $1,688/yr on $45,747 invested. Return on cash invested sits at 23.6% in year one, and rental yield is 9.18% on a $138,000 entry. Equity gained on principal adds $890/yr, while 5% annual appreciation builds toward $38,127 over five years. Five-year ROI reaches 123.25% and total cumulative return in cash sums $56,382. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,056/mo property income rather than buyer’s personal income.
Condo
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33762, Clearwater, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,072 (100%) |
| Owner Occupied HU | 1,918 (62.4%) |
| Renter Occupied HU | 956 (31.1%) |
| Vacant Housing Units | 198 ( 6.4%) |
| Median Home Value | $483,262 |
| Average Home Value | $569,335 |
Housing Distribution
Address Breakdown
Residential
3,139
Single Family
2,089
Multi-Family
1,050
Businesses
1,229
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Listed by: Andrew Cherry • FLORIDA SEASIDE REALTY, LLC
Mls Name: Stellar MLS
Mls ID: #TB8420706