2465 Northside Dr APT 906ClearwaterFL33761
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeAt 1.75, 2465 Northside Dr APT 906, Clearwater, FL, 33761 in Clearwater sits at the top of Ziffy Mortgage's DSCR coverage band, a significant advantage for non-U.S. buyers closing without domestic income documentation. Rental yield 9.41%. The 9.41% yield is backed by 5% annual appreciation projecting $46,111 in value gain, plus $1,537/yr in principal reduction. Total projected cumulative return: $42,734.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 5.2% |
| Monthly Cash Flow | $(364) | $400 |
City averages based on Clearwater market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,309 |
| Total Monthly Debt Service | $1,606 |
| DSCR Ratio | 0.82x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1979
3.23 Acres lot
$N/A/sqft
$495 monthly HOA
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
Single Family
Built in 1979
3.23 Acres lot
$N/A/sqft
$495 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Eric Zitelli • ZITELLI REALTY NETWORK LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #A4627524
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