13650 Forest Lake DrLargoFL33771
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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 13650 Forest Lake Dr, Largo, FL, 33771 uses $78,731 cash to close to unlock $4,001/yr annual cash flow and $333/mo monthly cash flow. Total monthly income runs $2,305/mo, and a $1,162/mo payment keeps the spread at $333/mo. Purchase price stands at $237,500, and rental yield measures 11.65% with $2,305/mo rent. Return on cash invested shows 24.99% in year one, and 5% annual appreciation builds toward $65,617 over five years. Five-year ROI reaches 132.9% and total cumulative return in cash records $104,637. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,305/mo property income covering a $1,162/mo payment rather than investor’s personal income.
Townhouse
Built in 2002
880 sqft lot
$N/A/sqft
$240 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33771, Largo, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,980 (100%) |
| Owner Occupied HU | 8,564 (50.4%) |
| Renter Occupied HU | 6,121 (36.0%) |
| Vacant Housing Units | 2,295 (13.5%) |
| Median Home Value | $248,409 |
| Average Home Value | $310,520 |
Housing Distribution
Address Breakdown
Residential
16,193
Single Family
10,905
Multi-Family
5,288
Businesses
1,329
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Listed by: Eric Adcox • DALTON WADE INC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8410432
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