2943 Lichen Ln UNIT BClearwaterFL33760
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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 2943 Lichen Ln UNIT B, Clearwater, FL, 33760 earns $204/mo cash flow from $1,299/mo rent with a $808/mo payment. Total monthly income totals $1,299/mo, and annual cash flow totals $2,443/yr on $54,698 capital. ROI tracks 24.38% on current figures, and rental yield reads 9.45% at a $165,000 purchase. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 over five years. Five-year ROI reaches 127.42% and total cumulative return in cash sums $69,695. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,299/mo property income instead of your personal income.
Condo
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33760, Clearwater, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,339 (100%) |
| Owner Occupied HU | 3,918 (47.0%) |
| Renter Occupied HU | 3,631 (43.5%) |
| Vacant Housing Units | 790 ( 9.5%) |
| Median Home Value | $378,902 |
| Average Home Value | $429,305 |
Housing Distribution
Address Breakdown
Residential
7,950
Single Family
4,777
Multi-Family
3,173
Businesses
794
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Listed by: Christian Harris • COLDWELL BANKER REALTY
Mls Name: Stellar MLS
Mls ID: #TB8438607