628 Cleveland St APT 1211ClearwaterFL33755
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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
Total monthly income runs $5,258/mo, and a $3,079/mo payment. Purchase price stands at $629,000, and rental yield measures 10.03% with $5,258/mo rent. Return on cash invested shows 18.54% in year one, and 5% annual appreciation builds toward $173,781 over five years. Five-year ROI reaches 98.89% and total cumulative return in cash records $204,645. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,258/mo property income covering a $3,079/mo payment rather than investor’s personal income.
Condo
Built in 2010
0.99 Acres lot
$N/A/sqft
$1,156 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33755, Clearwater, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,784 (100%) |
| Owner Occupied HU | 5,910 (50.2%) |
| Renter Occupied HU | 4,608 (39.1%) |
| Vacant Housing Units | 1,266 (10.7%) |
| Median Home Value | $393,319 |
| Average Home Value | $513,996 |
Housing Distribution
Address Breakdown
Residential
11,298
Single Family
9,805
Multi-Family
1,493
Businesses
625
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Listed by: Paola Lombardi • GREAT HOMES REALTY INC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8313253
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511