2346 Druid Rd #235ClearwaterFL33764
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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 2346 Druid Rd #235, Clearwater, FL, 33764 offers a 9.89% rental yield on a $138,900 purchase with $1,145/mo rent. Total monthly income registers $1,145/mo, and a $680/mo payment leaves $223/mo available for distribution. Annual cash flow reaches $2,677/yr on $46,045 to close, and return on cash invested stands at 25.72% in year one. Equity gained on principal adds $896/yr while 5% annual appreciation supports $38,376 over five years. Portfolio math shows five-year ROI at 134.71% and total cumulative return in cash at $62,029. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,145/mo property income against a $680/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2003
N/A lot
$N/A/sqft
No 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
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Listed by: Jennifer Maasdorp • Integrity Mobile Homes
Mls Name: My State MLS
Mls ID: #11363009