585 Sky Harbor DrClearwaterFL33759
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Clearwater at 585 Sky Harbor Dr, Clearwater, FL, 33759 priced at $157,000 pairs $1,251/mo rent with $210/mo cash flow after a $768/mo payment. Total monthly income equals $1,251/mo, and annual cash flow comes to $2,515/yr on $52,046 invested. Return on cash invested is 24.74% in year one, and rental yield stands at 9.56% on a $157,000 basis. Equity gained on principal adds $1,013/yr, and 5% annual appreciation accumulates to $43,376 by year five. Five-year ROI measures 129.39% and total cumulative return in cash reaches $67,340. For financing, Ziffy Mortgage’s DSCR program evaluates $1,251/mo property income against a $768/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1965
3.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33759, Clearwater, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,229 (100%) |
| Owner Occupied HU | 4,632 (45.3%) |
| Renter Occupied HU | 4,529 (44.3%) |
| Vacant Housing Units | 1,068 (10.4%) |
| Median Home Value | $441,533 |
| Average Home Value | $496,625 |
Housing Distribution
Address Breakdown
Residential
8,947
Single Family
5,798
Multi-Family
3,149
Businesses
572
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