1399 Belcher Rd #1002LargoFL33771
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
Investment Highlights
Investment property for sale in Largo at 1399 Belcher Rd #1002, Largo, FL, 33771 uses $51,383 cash to close to unlock $2,208/yr annual cash flow and $184/mo monthly cash flow. Total monthly income runs $1,213/mo, and a $759/mo payment keeps the spread at $184/mo. Purchase price stands at $155,000, and rental yield measures 9.39% with $1,213/mo rent. Return on cash invested shows 24.21% in year one, and 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 126.56% and total cumulative return in cash records $65,032. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,213/mo property income covering a $759/mo payment rather than investor’s personal income.
Manufactured
Built in 2022
N/A lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices