2431 Canadian Way APT 37ClearwaterFL33763
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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 2431 Canadian Way APT 37, Clearwater, FL, 33763 earns $408/mo cash flow from $2,167/mo rent with a $1,297/mo payment. Total monthly income totals $2,167/mo, and annual cash flow totals $4,902/yr on $87,848 capital. ROI tracks 25.49% on current figures, and rental yield reads 9.81% 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 133.38% and total cumulative return in cash sums $117,171. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,167/mo property income instead of your personal income.
Condo
Built in 1970
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: Kenny Reiss • ON TOP OF THE WORLD RE
Mls Name: Stellar MLS
Mls ID: #TB8469449