855 Bayway Blvd APT 908ClearwaterFL33767
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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 855 Bayway Blvd APT 908, Clearwater, FL, 33767 uses $201,282 cash to close to unlock $2,621/yr annual cash flow and $218/mo monthly cash flow. Total monthly income runs $4,624/mo, and a $2,994/mo payment keeps the spread at $218/mo. Purchase price stands at $611,800, and rental yield measures 9.07% with $4,624/mo rent. Return on cash invested shows 21.36% in year one, and 5% annual appreciation builds toward $169,029 over five years. Five-year ROI reaches 111.95% and total cumulative return in cash records $225,332. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,624/mo property income covering a $2,994/mo payment rather than investor’s personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
$346 monthly 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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