4215 E Bay Dr APT 1013BClearwaterFL33764
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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 4215 E Bay Dr APT 1013B, Clearwater, FL, 33764 earns $475/mo cash flow from $2,135/mo rent with a $783/mo payment. Total monthly income totals $2,135/mo, and annual cash flow totals $5,696/yr on $53,040 capital. ROI tracks 30.65% on current figures, and rental yield reads 16.01% at a $160,000 purchase. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,205 over five years. Five-year ROI reaches 165.95% and total cumulative return in cash sums $88,022. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,135/mo property income instead of your personal income.
Condo
Built in 1971
N/A lot
$N/A/sqft
$550 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33764, Clearwater, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,526 (100%) |
| Owner Occupied HU | 10,029 (57.2%) |
| Renter Occupied HU | 5,082 (29.0%) |
| Vacant Housing Units | 2,415 (13.8%) |
| Median Home Value | $362,220 |
| Average Home Value | $400,141 |
Housing Distribution
Address Breakdown
Residential
14,688
Single Family
10,183
Multi-Family
4,505
Businesses
561
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Listed by: Michael Thompson • KELLER WILLIAMS ST PETE REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8318416
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511