2460 Northside Dr APT 303ClearwaterFL33761
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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
Rental property for sale in Clearwater at 2460 Northside Dr APT 303, Clearwater, FL, 33761 generates $1,966/mo in rent and, after a $881/mo payment, leaves $279/mo in cash flow. Total monthly income is $1,966/mo, and annual cash flow is $3,344/yr on $59,637 invested. Return on cash invested sits at 25.52% in year one, and rental yield is 13.11% on a $179,900 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 137.13% and total cumulative return in cash sums $81,777. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,966/mo property income rather than buyer’s personal income.
Single Family
Built in 1984
0.48 Acres lot
$N/A/sqft
$493 monthly HOA
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Listed by: Ivonne Alvarez • REALNET BROKERAGE
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8314717
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511