810 Lantern WayClearwaterFL33765
Nearby investment properties with comparable rents
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
Investment property for sale in Clearwater at 810 Lantern Way, Clearwater, FL, 33765 with 5% annual appreciation on a $389,000 basis while $2,671/mo rent supports operations. Total monthly income totals $2,671/mo and a $1,904/mo payment preserves $89/mo for cash returns. Annual cash flow comes to $1,074/yr on $128,954 deployed, and return on cash invested reaches 20.74% in year one. Equity gained on principal adds $2,510/yr, and five-year appreciation sums $107,474 alongside rental yield of 8.24%. Five-year ROI measures 107.89% and total cumulative return in cash totals $139,134.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,671/mo property income versus a $1,904/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2008
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33765, Clearwater, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,763 (100%) |
| Owner Occupied HU | 2,760 (47.9%) |
| Renter Occupied HU | 2,507 (43.5%) |
| Vacant Housing Units | 496 ( 8.6%) |
| Median Home Value | $368,454 |
| Average Home Value | $443,308 |
Housing Distribution
Address Breakdown
Residential
6,249
Single Family
4,269
Multi-Family
1,980
Businesses
1,229
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: David Hutcheson, Jr • MAVREALTY
Mls Name: Stellar MLS
Mls ID: #TB8452390