614 Oak AveClearwaterFL33756
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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 614 Oak Ave, Clearwater, FL, 33756 earns from $5,657/mo rent with a $6,358/mo payment. Total monthly income totals $5,657/mo. ROI tracks 11.92% on current figures, and rental yield reads 5.23% at a $1,299,000 purchase. Equity gained on principal adds $8,382/yr, and 5% annual appreciation supports $358,890 over five years. Five-year ROI reaches 60.51% and total cumulative return in cash sums $254,665. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,657/mo property income instead of your personal income.
Multi Family
Built in 1920
5,985 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33756, Clearwater, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,802 (100%) |
| Owner Occupied HU | 8,655 (51.5%) |
| Renter Occupied HU | 6,010 (35.8%) |
| Vacant Housing Units | 2,137 (12.7%) |
| Median Home Value | $416,941 |
| Average Home Value | $528,669 |
Housing Distribution
Address Breakdown
Residential
15,099
Single Family
10,738
Multi-Family
4,361
Businesses
1,130
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Listed by: Frank Aggio, PA • EQUITY PRO REALTY
Mls Name: Stellar MLS
Mls ID: #TB8469549