11315 Shipwatch Ln APT 1850LargoFL33774
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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 Largo at 11315 Shipwatch Ln APT 1850, Largo, FL, 33774 offers a 7.25% rental yield on a $429,900 purchase with $2,597/mo rent. 76% in year one. Equity gained on principal adds $2,774/yr while 5% annual appreciation supports $118,773 over five years. Portfolio math shows five-year ROI at 91.9% and total cumulative return in cash at $130,963. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,597/mo property income against a $2,104/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1993
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33774, Largo, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,111 (100%) |
| Owner Occupied HU | 6,154 (60.9%) |
| Renter Occupied HU | 2,348 (23.2%) |
| Vacant Housing Units | 1,609 (15.9%) |
| Median Home Value | $409,530 |
| Average Home Value | $467,189 |
Housing Distribution
Address Breakdown
Residential
9,233
Single Family
6,409
Multi-Family
2,824
Businesses
379
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