4016 Lake BlvdClearwaterFL33762
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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 4016 Lake Blvd, Clearwater, FL, 33762 uses $144,203 cash to close to unlock $2,740/yr annual cash flow and $228/mo monthly cash flow. Total monthly income runs $3,115/mo, and a $2,129/mo payment keeps the spread at $228/mo. Purchase price stands at $435,000, and rental yield measures 8.59% with $3,115/mo rent. Return on cash invested shows 21.81% in year one, and 5% annual appreciation builds toward $120,182 over five years. Five-year ROI reaches 113.64% and total cumulative return in cash records $163,872. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,115/mo property income covering a $2,129/mo payment rather than investor’s personal income.
Single Family
Built in 1984
5,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33762, Clearwater, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,072 (100%) |
| Owner Occupied HU | 1,918 (62.4%) |
| Renter Occupied HU | 956 (31.1%) |
| Vacant Housing Units | 198 ( 6.4%) |
| Median Home Value | $483,262 |
| Average Home Value | $569,335 |
Housing Distribution
Address Breakdown
Residential
3,139
Single Family
2,089
Multi-Family
1,050
Businesses
1,229
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Listed by: Jennifer Laihuyen • FUTURE HOME REALTY INC
Mls Name: Stellar MLS
Mls ID: #TB8427644