11300 124th Ave LOT 116LargoFL33778
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 11300 124th Ave LOT 116, Largo, FL, 33778 in Largo. Priced at $143,900, it generates $2,399/mo in gross rent and $1,253/mo in net monthly cash flow, a 20% yield that comfortably supports the 3.71 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $15,034. Five-year appreciation: $39,757. Equity from principal paydown: $1,325/yr. Total projected cumulative return: $136,353.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 20% | 7.0% |
| Monthly Cash Flow | $1,253 | $1,500 |
City averages based on Largo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,399 |
| Total Monthly Debt Service | $1,089 |
| DSCR Ratio | 2.20x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 1980
N/A lot
$N/A/sqft
$191 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33778, Largo, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,106 (100%) |
| Owner Occupied HU | 4,822 (67.9%) |
| Renter Occupied HU | 1,493 (21.0%) |
| Vacant Housing Units | 791 (11.1%) |
| Median Home Value | $371,212 |
| Average Home Value | $441,895 |
Housing Distribution
Address Breakdown
Residential
7,463
Single Family
6,491
Multi-Family
972
Businesses
363
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
Manufactured
Built in 1980
N/A lot
$N/A/sqft
$191 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33778, Largo, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,106 (100%) |
| Owner Occupied HU | 4,822 (67.9%) |
| Renter Occupied HU | 1,493 (21.0%) |
| Vacant Housing Units | 791 (11.1%) |
| Median Home Value | $371,212 |
| Average Home Value | $441,895 |
Housing Distribution
Address Breakdown
Residential
7,463
Single Family
6,491
Multi-Family
972
Businesses
363
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices