3062 Eastland Blvd UNIT 311ClearwaterFL33761
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow3062 Eastland Blvd UNIT 311, Clearwater, FL, 33761 in Clearwater is a top-tier cash-flow asset. At $195,000 it produces $1,798/mo in rent and $504/mo in net monthly income, a 11.06% gross rental yield. The DSCR of 2.05 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $6,042. Five-year appreciation adds $53,875, driving a total cumulative return of $106,765.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.1% | 5.2% |
| Monthly Cash Flow | $504 | $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 | $1,216 |
| DSCR Ratio | 1.48x |
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
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Heide DeLuca • BLAKE REAL ESTATE INC
Mls Name: Stellar MLS
Mls ID: #TB8402290