880 Mandalay Ave APT C809ClearwaterFL33767
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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 880 Mandalay Ave APT C809, Clearwater, FL, 33767 offers a 7.45% rental yield on a $459,000 purchase with $2,850/mo rent. 34% in year one. Equity gained on principal adds $2,962/yr while 5% annual appreciation supports $126,813 over five years. Portfolio math shows five-year ROI at 40.04% and total cumulative return in cash at $60,923. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,850/mo property income against a $2,247/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1962
5.98 Acres lot
$N/A/sqft
$1,193 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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Listed by: Yamil Winn • WINN TEAM YOUR HOME SOLD GUARANTEED REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8461417
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