13250 Ridge Rd APT 1-7LargoFL33778
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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 13250 Ridge Rd APT 1-7, Largo, FL, 33778 uses $70,610 cash to close to unlock $288/yr annual cash flow and $24/mo monthly cash flow. Total monthly income runs $1,438/mo, and a $1,043/mo payment keeps the spread at $24/mo. Purchase price stands at $213,000, and rental yield measures 8.1% with $1,438/mo rent. Return on cash invested shows 20.32% in year one, and 5% annual appreciation builds toward $58,848 over five years. Five-year ROI reaches 105.67% and total cumulative return in cash records $74,613. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,438/mo property income covering a $1,043/mo payment rather than investor’s personal income.
Condo
Built in 1975
1.78 Acres 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
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