3062 Eastland Blvd UNIT 311, Clearwater, FL, 33761 | $504/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Clearwater at 3062 Eastland Blvd UNIT 311, Clearwater, FL, 33761 generates $1,798/mo in rent and, after a $954/mo payment, leaves $504/mo in cash flow. Total monthly income is $1,798/mo, and annual cash flow is $6,052/yr on $64,643 invested. Return on cash invested sits at 29.27% in year one, and rental yield is 11.06% on a $195,000 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 153.67% and total cumulative return in cash sums $99,334. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,798/mo property income rather than buyer’s personal income.

Condo

Built in 1985

N/A lot

$N/A/sqft

No HOA