988 Bruce AveClearwaterFL33767
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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
Rental property for sale in Clearwater at 988 Bruce Ave, Clearwater, FL, 33767 priced at $724,900 pairs $5,086/mo rent with $275/mo cash flow after a $3,548/mo payment. Total monthly income equals $5,086/mo, and annual cash flow comes to $3,306/yr on $238,492 invested. Return on cash invested is 21.45% in year one, and rental yield stands at 8.42% on a $724,900 basis. Equity gained on principal adds $4,678/yr, and 5% annual appreciation accumulates to $200,277 by year five. Five-year ROI measures 111.65% and total cumulative return in cash reaches $266,265. For financing, Ziffy Mortgage’s DSCR program evaluates $5,086/mo property income against a $3,548/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1952
6,778 sqft lot
$N/A/sqft
No 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: Bill Christopoulos • SEAN DANIEL GALARIS
Mls Name: Stellar MLS
Mls ID: #TB8330385