709 Mandalay AveClearwaterFL33767
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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 709 Mandalay Ave, Clearwater, FL, 33767 offers $6,522/mo rent that, after a $4,405/mo payment, leaves $207/mo cash flow. Total monthly income is $6,522/mo, and annual cash flow is $2,481/yr on $296,100 cash. Return on cash invested measures 20.9% in year one, and rental yield stands at 8.7% at a $899,999 entry. Equity gained on principal adds $5,808/yr while 5% annual appreciation compounds into $248,653 by year five. Five-year ROI records 109.2% and total cumulative return in cash reaches $323,351. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,522/mo property income versus a $4,405/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
6,708 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33767, Clearwater Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,688 (100%) |
| Owner Occupied HU | 3,972 (45.7%) |
| Renter Occupied HU | 814 ( 9.4%) |
| Vacant Housing Units | 3,902 (44.9%) |
| Median Home Value | $809,154 |
| Average Home Value | $988,255 |
Housing Distribution
Address Breakdown
Residential
7,614
Single Family
1,763
Multi-Family
5,851
Businesses
358
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Nearby investment properties with comparable prices
Listed by: Linda Louise Preston • COASTAL PROPERTIES GROUP INTERNATIONAL
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8332489
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