3062 Eastland Blvd UNIT 411ClearwaterFL33761
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Clearwater rentals match the income profile of 3062 Eastland Blvd UNIT 411, Clearwater, FL, 33761. Listed at $194,200, gross rent is $2,384/mo and net cash flow is $538/mo, a 14.73% yield well above national averages. DSCR 2.73 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $53,654 by year five with $1,789/yr in annual principal reduction, projecting $111,038 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.7% | 5.2% |
| Monthly Cash Flow | $538 | $400 |
City averages based on Clearwater market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,384 |
| Total Monthly Debt Service | $1,769 |
| DSCR Ratio | 1.35x |
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
3.46 Acres 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
3.46 Acres lot
$N/A/sqft
$558 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices