6262 142nd Ave N UNIT 1310ClearwaterFL33760
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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 6262 142nd Ave N UNIT 1310, Clearwater, FL, 33760 uses $69,615 cash to close to unlock $555/yr annual cash flow and $46/mo monthly cash flow. Total monthly income runs $1,440/mo, and a $1,028/mo payment keeps the spread at $46/mo. Purchase price stands at $210,000, and rental yield measures 8.23% with $1,440/mo rent. Return on cash invested shows 20.71% in year one, and 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 107.76% and total cumulative return in cash records $75,016. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,440/mo property income covering a $1,028/mo payment rather than investor’s personal income.
Townhouse
Built in 1990
8.92 Acres 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: Gabrielle Bettig • CENTURY 21 COASTAL ALLIANCE
Mls Name: Stellar MLS
Mls ID: #TB8457517