343 S McMullen Booth Rd APT 152ClearwaterFL33759
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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 343 S McMullen Booth Rd APT 152, Clearwater, FL, 33759 uses $44,723 cash to close to unlock $12,202/yr annual cash flow and $1,017/mo monthly cash flow. Total monthly income runs $1,985/mo, and a $660/mo payment keeps the spread at $1,017/mo. Purchase price stands at $134,911, and rental yield measures 17.66% with $1,985/mo rent. Return on cash invested shows 47.19% in year one, and 5% annual appreciation builds toward $37,273 over five years. Five-year ROI reaches 250.44% and total cumulative return in cash records $112,005. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,985/mo property income covering a $660/mo payment rather than investor’s personal income.
Apartment
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33759, Clearwater, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,229 (100%) |
| Owner Occupied HU | 4,632 (45.3%) |
| Renter Occupied HU | 4,529 (44.3%) |
| Vacant Housing Units | 1,068 (10.4%) |
| Median Home Value | $441,533 |
| Average Home Value | $496,625 |
Housing Distribution
Address Breakdown
Residential
8,947
Single Family
5,798
Multi-Family
3,149
Businesses
572
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Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A