2447 Ecuadorian Way APT 37ClearwaterFL33763
Nearby investment properties with comparable rents
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 2447 Ecuadorian Way APT 37, Clearwater, FL, 33763 listed at $119,000 pairs $932/mo rent with a $582/mo payment to leave $143/mo cash flow. Total monthly income runs $932/mo, and annual cash flow reaches $1,713/yr on $39,449 cash to close. Return on cash invested measures 24.25% in year one, and rental yield registers 9.4% at a $119,000 basis. Equity gained on principal adds $768/yr, and annual property appreciation at 5% supports $32,878 by year five. Five-year ROI tracks 126.71% and total cumulative return in cash totals $49,985. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $932/mo property income relative to a $582/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1971
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ken Reiss • ON TOP OF THE WORLD RE
Mls Name: Stellar MLS
Mls ID: #TB8459922