2625 State Road 590 APT 121ClearwaterFL33759
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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 2625 State Road 590 APT 121, Clearwater, FL, 33759 earns $147/mo cash flow from $1,009/mo rent with a $636/mo payment. Total monthly income totals $1,009/mo, and annual cash flow totals $1,761/yr on $43,062 capital. ROI tracks 24% on current figures, and rental yield reads 9.32% at a $129,900 purchase. Equity gained on principal adds $838/yr, and 5% annual appreciation supports $35,889 over five years. Five-year ROI reaches 125.39% and total cumulative return in cash sums $53,995. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,009/mo property income instead of your personal income.
Condo
Built in 1976
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33759, Clearwater, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,229 (100%) |
| Owner Occupied HU | 4,632 (45.3%) |
| Renter Occupied HU | 4,529 (44.3%) |
| Vacant Housing Units | 1,068 (10.4%) |
| Median Home Value | $441,533 |
| Average Home Value | $496,625 |
Housing Distribution
Address Breakdown
Residential
8,947
Single Family
5,798
Multi-Family
3,149
Businesses
572
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Listed by: Arthur Panagopoulos • COLDWELL BANKER REALTY
Mls Name: Stellar MLS
Mls ID: #TB8471191