4638 Lake Blvd #EClearwaterFL33762
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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 4638 Lake Blvd #E, Clearwater, FL, 33762 listed at $149,900 pairs $1,174/mo rent with a $734/mo payment to leave $179/mo cash flow. Total monthly income runs $1,174/mo, and annual cash flow reaches $2,147/yr on $49,692 cash to close. Return on cash invested measures 24.23% in year one, and rental yield registers 9.4% at a $149,900 basis. Equity gained on principal adds $967/yr, and annual property appreciation at 5% supports $41,415 by year five. Five-year ROI tracks 126.61% and total cumulative return in cash totals $62,915. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,174/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1976
N/A 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: George Spencer • INVESTORS CHOICE REALTY
Mls Name: Stellar MLS
Mls ID: #TB8466408