11730 Shipwatch Dr APT 402LargoFL33774
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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 11730 Shipwatch Dr APT 402, Largo, FL, 33774 earns $50/mo cash flow from $2,632/mo rent with a $1,904/mo payment. Total monthly income totals $2,632/mo, and annual cash flow totals $606/yr on $128,954 capital. ROI tracks 20.38% on current figures, and rental yield reads 8.12% at a $389,000 purchase. Equity gained on principal adds $2,510/yr, and 5% annual appreciation supports $107,474 over five years. Five-year ROI reaches 105.95% and total cumulative return in cash sums $136,626. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,632/mo property income instead of your personal income.
Condo
Built in 1984
N/A 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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