3038 Eastland Blvd UNIT F205ClearwaterFL33761
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowReliable, bankable, and well-priced, 3038 Eastland Blvd UNIT F205, Clearwater, FL, 33761 in Clearwater delivers $1,873/mo in gross rent and $303/mo in net monthly income at a $175,000 entry. The 12.84% yield and 2.38 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $48,349 over five years and $1,612/yr in equity from loan paydown, total projected return is $87,993.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.8% | 5.2% |
| Monthly Cash Flow | $303 | $400 |
City averages based on Clearwater market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,873 |
| Total Monthly Debt Service | $1,500 |
| DSCR Ratio | 1.25x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Condo
Built in 1980
8.61 Acres lot
$N/A/sqft
$393 monthly HOA
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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
Condo
Built in 1980
8.61 Acres lot
$N/A/sqft
$393 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices