744 Bay EsplanadeClearwaterFL33767
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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 744 Bay Esplanade, Clearwater, FL, 33767 listed at $575,000 pairs $4,514/mo rent with a $2,814/mo payment to leave $699/mo cash flow. Total monthly income runs $4,514/mo, and annual cash flow reaches $8,382/yr on $189,175 cash to close. Return on cash invested measures 24.49% in year one, and rental yield registers 9.42% at a $575,000 basis. Equity gained on principal adds $3,710/yr, and annual property appreciation at 5% supports $158,862 by year five. Five-year ROI tracks 127.98% and total cumulative return in cash totals $242,111. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,514/mo property income relative to a $2,814/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1935
4,086 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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Listed by: Salvatore Belloise, III • BELLOISE REALTY
Mls Name: Stellar MLS
Mls ID: #TB8462827