2391 Sumatran Way APT 69ClearwaterFL33763
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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 2391 Sumatran Way APT 69, Clearwater, FL, 33763 uses $43,062 cash to close to unlock $1,449/yr annual cash flow and $121/mo monthly cash flow. Total monthly income runs $983/mo, and a $636/mo payment keeps the spread at $121/mo. Purchase price stands at $129,900, and rental yield measures 9.08% with $983/mo rent. Return on cash invested shows 23.27% in year one, and 5% annual appreciation builds toward $35,889 over five years. Five-year ROI reaches 121.49% and total cumulative return in cash records $52,315. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $983/mo property income covering a $636/mo payment rather than investor’s personal income.
Condo
Built in 1982
N/A 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: Joni Dagios • DUNEDIN REALTY LLC
Mls Name: Stellar MLS
Mls ID: #TB8456592