4500 E Bay Dr #145ClearwaterFL33764
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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 4500 E Bay Dr #145, Clearwater, FL, 33764 listed at $155,800 pairs $1,252/mo rent with a $763/mo payment to leave $218/mo cash flow. Total monthly income runs $1,252/mo, and annual cash flow reaches $2,612/yr on $51,648 cash to close. Return on cash invested measures 24.97% in year one, and rental yield registers 9.64% at a $155,800 basis. Equity gained on principal adds $1,005/yr, and annual property appreciation at 5% supports $43,045 by year five. Five-year ROI tracks 130.58% and total cumulative return in cash totals $67,443. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,252/mo property income relative to a $763/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1972
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: Eric Von Heal • OCEAN LIFE REALTY INC
Mls Name: Stellar MLS
Mls ID: #TB8434810