855 Horizon WayClearwaterFL33765
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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 855 Horizon Way, Clearwater, FL, 33765 priced at $414,880 converts $2,098/mo rent into after a $2,031/mo obligation. Total monthly income equals $2,098/mo. Return on cash invested prints 12.81% in year one, and rental yield reads 6.07% against a $414,880 entry. Equity gained on principal adds $2,677/yr, while 5% annual appreciation compiles into $114,624 by year five. Five-year ROI reaches 65.87% and total cumulative return in cash sums $90,596. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,098/mo property income covering a $2,031/mo payment, not borrower’s personal income.
Townhouse
Built in 2024
1,782 sqft lot
$N/A/sqft
$158 monthly 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
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Listed by: Sarah Bordeaux • D R HORTON REALTY LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #T3542290
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