2625 State Road 590 APT 2311ClearwaterFL33759
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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 2311, Clearwater, FL, 33759 earns $1,810/mo cash flow from $2,473/mo rent with a $489/mo payment. Total monthly income totals $2,473/mo, and annual cash flow totals $21,718/yr on $33,150 capital. ROI tracks 85.42% on current figures, and rental yield reads 29.68% at a $100,000 purchase. Equity gained on principal adds $645/yr, and 5% annual appreciation supports $27,628 over five years. Five-year ROI reaches 454.78% and total cumulative return in cash sums $150,760. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,473/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: Brooke Islas • LA ROSA REALTY PRESTIGE
Mls Name: Stellar MLS
Mls ID: #P4935446