2454 Australia Way E APT 10ClearwaterFL33763
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 2454 Australia Way E APT 10, Clearwater, FL, 33763 listed at $175,900 pairs $1,398/mo rent with a $861/mo payment to leave $231/mo cash flow. Total monthly income runs $1,398/mo, and annual cash flow reaches $2,768/yr on $58,311 cash to close. Return on cash invested measures 24.66% in year one, and rental yield registers 9.54% at a $175,900 basis. Equity gained on principal adds $1,135/yr, and annual property appreciation at 5% supports $48,598 by year five. Five-year ROI tracks 128.91% and total cumulative return in cash totals $75,169. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,398/mo property income relative to a $861/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1969
3.28 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tim Richardson • DALTON WADE INC
Mls Name: Stellar MLS
Mls ID: #TB8433208