3062 Eastland Blvd UNIT 210ClearwaterFL33761
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow3062 Eastland Blvd UNIT 210, Clearwater, FL, 33761 in Clearwater earns a respectable 13.4% gross yield at $161,000, but after the $724/mo mortgage the net cash flow is $171/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (2.48) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $44,481 over five years, making equity the dominant return driver. Total projected return: $74,840.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.4% | 5.2% |
| Monthly Cash Flow | $171 | $400 |
City averages based on Clearwater market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,798 |
| Total Monthly Debt Service | $1,562 |
| DSCR Ratio | 1.15x |
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 1985
N/A lot
$N/A/sqft
$558 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 1985
N/A lot
$N/A/sqft
$558 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices