2346 Druid Rd #315ClearwaterFL33764
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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 #315, Clearwater, FL, 33764 offers a 9.7% rental yield on a $104,500 purchase with $845/mo rent. Total monthly income registers $845/mo, and a $511/mo payment leaves $152/mo available for distribution. Annual cash flow reaches $1,824/yr on $34,642 to close, and return on cash invested stands at 25.17% in year one. Equity gained on principal adds $674/yr while 5% annual appreciation supports $28,871 over five years. Portfolio math shows five-year ROI at 131.67% and total cumulative return in cash at $45,613. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $845/mo property income against a $511/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1968
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: #11407040