3062 Eastland Blvd UNIT 406,Clearwater,FL,33761

Investment Highlights

Investment property for sale in Clearwater at 3062 Eastland Blvd UNIT 406, Clearwater, FL, 33761 offers a 9.19% rental yield on a $170,000 purchase with $1,302/mo rent. Total monthly income registers $1,302/mo, and a $832/mo payment leaves $174/mo available for distribution. Annual cash flow reaches $2,087/yr on $56,355 to close, and return on cash invested stands at 23.61% in year one. Equity gained on principal adds $1,097/yr while 5% annual appreciation supports $46,968 over five years. Portfolio math shows five-year ROI at 123.31% and total cumulative return in cash at $69,489. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,302/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.