2346 Druid Rd #319ClearwaterFL33764
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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 2346 Druid Rd #319, Clearwater, FL, 33764 generates $1,173/mo in rent and, after a $737/mo payment, leaves $174/mo in cash flow. Total monthly income is $1,173/mo, and annual cash flow is $2,087/yr on $49,891 invested. Return on cash invested sits at 24.09% in year one, and rental yield is 9.35% on a $150,500 entry. Equity gained on principal adds $971/yr, while 5% annual appreciation builds toward $41,580 over five years. Five-year ROI reaches 125.88% and total cumulative return in cash sums $62,803. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,173/mo property income rather than buyer’s personal income.
Manufactured
Built in 2024
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: Maria Lugo • Hillcrest - Florida
Mls Name: My State MLS
Mls ID: #11243365