4215 E Bay Dr APT 1510AClearwaterFL33764
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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 1510A, Clearwater, FL, 33764 uses $39,382 cash to close to unlock $20,785/yr annual cash flow and $1,732/mo monthly cash flow. Total monthly income runs $2,520/mo, and a $581/mo payment keeps the spread at $1,732/mo. Purchase price stands at $118,800, and rental yield measures 25.45% with $2,520/mo rent. Return on cash invested shows 72.69% in year one, and 5% annual appreciation builds toward $32,822 over five years. Five-year ROI reaches 386.56% and total cumulative return in cash records $152,234. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,520/mo property income covering a $581/mo payment rather than investor’s personal income.
Single Family
Built in 1971
N/A lot
$N/A/sqft
No 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: Irina Roth LLC • DALTON WADE INC
Mls Name: Stellar MLS
Mls ID: #TB8429730