2360 World Parkway Blvd APT 36ClearwaterFL33763
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Nearby investment properties with comparable prices
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 2360 World Parkway Blvd APT 36, Clearwater, FL, 33763 uses $61,328 cash to close to unlock $2,481/yr annual cash flow and $207/mo monthly cash flow. Total monthly income runs $1,434/mo, and a $905/mo payment keeps the spread at $207/mo. Purchase price stands at $185,000, and rental yield measures 9.3% with $1,434/mo rent. Return on cash invested shows 23.96% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 125.14% and total cumulative return in cash records $76,743. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,434/mo property income covering a $905/mo payment rather than investor’s personal income.
Condo
Built in 1971
3.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33763, Clearwater, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,678 (100%) |
| Owner Occupied HU | 7,996 (63.1%) |
| Renter Occupied HU | 2,999 (23.7%) |
| Vacant Housing Units | 1,683 (13.3%) |
| Median Home Value | $302,679 |
| Average Home Value | $345,380 |
Housing Distribution
Address Breakdown
Residential
10,816
Single Family
4,534
Multi-Family
6,282
Businesses
303
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Listed by: Diana Costantino • LIPPLY REAL ESTATE
Mls Name: Stellar MLS
Mls ID: #TB8382270