11397 122nd AveSeminoleFL33778
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 11397 122nd Ave, Seminole, FL, 33778 in Seminole: $2,356/mo in rent, $325/mo in net income, 9.24% gross yield, 1.71 DSCR, all at $306,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $84,542 in appreciation and $2,818/yr in principal paydown projects total cumulative return of $137,610.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.0% |
| Monthly Cash Flow | $325 | $300 |
City averages based on Seminole market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,356 |
| Total Monthly Debt Service | $1,909 |
| DSCR Ratio | 1.23x |
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.
Single Family
Built in 1958
6,499 sqft lot
$N/A/sqft
No 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
Single Family
Built in 1958
6,499 sqft lot
$N/A/sqft
No 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
Listed by: Tamra Kennedy • RE/MAX ACTION FIRST
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8377948
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