806 S Hercules AveClearwaterFL33764
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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
Rental property for sale in Clearwater at 806 S Hercules Ave, Clearwater, FL, 33764 priced at $475,000 converts $2,803/mo rent into after a $2,325/mo obligation. Total monthly income equals $2,803/mo. Return on cash invested prints 17.25% in year one, and rental yield reads 7.08% against a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation compiles into $131,234 by year five. Five-year ROI reaches 89.16% and total cumulative return in cash sums $140,395. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,803/mo property income covering a $2,325/mo payment, not borrower’s personal income.
Single Family
Built in 1957
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33764, Clearwater, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,526 (100%) |
| Owner Occupied HU | 10,029 (57.2%) |
| Renter Occupied HU | 5,082 (29.0%) |
| Vacant Housing Units | 2,415 (13.8%) |
| Median Home Value | $362,220 |
| Average Home Value | $400,141 |
Housing Distribution
Address Breakdown
Residential
14,688
Single Family
10,183
Multi-Family
4,505
Businesses
561
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Listed by: Sandra Keroles • COLDWELL BANKER REALTY
Mls Name: Stellar MLS
Mls ID: #TB8409009