2400 Feather Sound Dr APT 333ClearwaterFL33762
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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 2400 Feather Sound Dr APT 333, Clearwater, FL, 33762 earns $123/mo cash flow from $1,882/mo rent with a $1,297/mo payment. Total monthly income totals $1,882/mo, and annual cash flow totals $1,482/yr on $87,848 capital. ROI tracks 21.6% on current figures, and rental yield reads 8.52% at a $265,000 purchase. Equity gained on principal adds $1,710/yr, and 5% annual appreciation supports $73,215 over five years. Five-year ROI reaches 112.51% and total cumulative return in cash sums $98,835. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,882/mo property income instead of your personal income.
Condo
Built in 1992
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33762, Clearwater, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,072 (100%) |
| Owner Occupied HU | 1,918 (62.4%) |
| Renter Occupied HU | 956 (31.1%) |
| Vacant Housing Units | 198 ( 6.4%) |
| Median Home Value | $483,262 |
| Average Home Value | $569,335 |
Housing Distribution
Address Breakdown
Residential
3,139
Single Family
2,089
Multi-Family
1,050
Businesses
1,229
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Listed by: Lynda Kelly • BAYSIDE PROPERTY MGMT. & REAL ESTATE SERVICES
Mls Name: Stellar MLS
Mls ID: #TB8418159