3021 Crest DrClearwaterFL33759
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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 3021 Crest Dr, Clearwater, FL, 33759 offers a 10.45% rental yield on a $850,000 purchase with $7,403/mo rent. Total monthly income registers $7,403/mo, and a $4,160/mo payment leaves $1,763/mo available for distribution. Annual cash flow reaches $21,151/yr on $279,650 to close, and return on cash invested stands at 27.62% in year one. Equity gained on principal adds $5,485/yr while 5% annual appreciation supports $234,839 over five years. Portfolio math shows five-year ROI at 144.77% and total cumulative return in cash at $404,842. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,403/mo property income against a $4,160/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
0.44 Acres 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: Debra Gross • BHHS FLORIDA PROPERTIES GROUP
Mls Name: Stellar MLS
Mls ID: #TB8455150