6191 137th Ter NClearwaterFL33760
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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 6191 137th Ter N, Clearwater, FL, 33760 uses $65,306 cash to close to unlock $2,543/yr annual cash flow and $212/mo monthly cash flow. Total monthly income runs $1,519/mo, and a $964/mo payment keeps the spread at $212/mo. Purchase price stands at $197,000, and rental yield measures 9.25% with $1,519/mo rent. Return on cash invested shows 23.8% in year one, and 5% annual appreciation builds toward $54,427 over five years. Five-year ROI reaches 124.29% and total cumulative return in cash records $81,170. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,519/mo property income covering a $964/mo payment rather than investor’s personal income.
Manufactured
Built in 1972
6,199 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33760, Clearwater, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,339 (100%) |
| Owner Occupied HU | 3,918 (47.0%) |
| Renter Occupied HU | 3,631 (43.5%) |
| Vacant Housing Units | 790 ( 9.5%) |
| Median Home Value | $378,902 |
| Average Home Value | $429,305 |
Housing Distribution
Address Breakdown
Residential
7,950
Single Family
4,777
Multi-Family
3,173
Businesses
794
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Listed by: Randall Bowman • ASSIST 2 SELL BUYERS N SELLERS
Mls Name: Stellar MLS
Mls ID: #TB8427019