235 S McMullen Booth Rd APT 45ClearwaterFL33759
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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 235 S McMullen Booth Rd APT 45, Clearwater, FL, 33759 offers a 9.6% rental yield on a $145,000 purchase with $1,160/mo rent. Total monthly income registers $1,160/mo, and a $710/mo payment leaves $197/mo available for distribution. Annual cash flow reaches $2,370/yr on $48,068 to close, and return on cash invested stands at 24.84% in year one. Equity gained on principal adds $936/yr while 5% annual appreciation supports $40,061 over five years. Portfolio math shows five-year ROI at 129.93% and total cumulative return in cash at $62,456. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,160/mo property income against a $710/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1974
12.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33759, Clearwater, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,229 (100%) |
| Owner Occupied HU | 4,632 (45.3%) |
| Renter Occupied HU | 4,529 (44.3%) |
| Vacant Housing Units | 1,068 (10.4%) |
| Median Home Value | $441,533 |
| Average Home Value | $496,625 |
Housing Distribution
Address Breakdown
Residential
8,947
Single Family
5,798
Multi-Family
3,149
Businesses
572
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Listed by: Mariah Marvel • RE/MAX COLLECTIVE
Mls Name: Stellar MLS
Mls ID: #TB8463756