331 Cleveland St #702ClearwaterFL33755
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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
Investment Highlights
Investment property for sale in Clearwater at 331 Cleveland St #702, Clearwater, FL, 33755 earns from $1,792/mo rent with a $3,813/mo payment. Total monthly income totals $1,792/mo. ROI tracks 4.24% on current figures, and rental yield reads 2.76% at a $779,000 purchase. Equity gained on principal adds $5,027/yr, and 5% annual appreciation supports $215,223 over five years. Five-year ROI reaches 19.41% and total cumulative return in cash sums $49,754. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,792/mo property income instead of your personal income.
Condo
Built in 2008
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33755, Clearwater, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,784 (100%) |
| Owner Occupied HU | 5,910 (50.2%) |
| Renter Occupied HU | 4,608 (39.1%) |
| Vacant Housing Units | 1,266 (10.7%) |
| Median Home Value | $393,319 |
| Average Home Value | $513,996 |
Housing Distribution
Address Breakdown
Residential
11,298
Single Family
9,805
Multi-Family
1,493
Businesses
625
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Listed by: Susan Witzigman • CENTURY 21 LIST WITH BEGGINS
Mls Name: Stellar MLS
Mls ID: #TB8422623