1500 Clearwater Largo Rd NLargoFL33770
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 1.46% gross rental yield, 1500 Clearwater Largo Rd N, Largo, FL, 33770 in Largo is priced for capital growth, not immediate cash flow. The $1,800,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $497,307 by year five, with $16,578/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.27) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $58,261.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 1.5% | 7.0% |
| Monthly Cash Flow | $(9,755) | $1,500 |
City averages based on Largo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,190 |
| Total Monthly Debt Service | $11,229 |
| DSCR Ratio | 0.20x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Multi Family
Built in 1948
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33770, Largo, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,532 (100%) |
| Owner Occupied HU | 7,378 (54.5%) |
| Renter Occupied HU | 4,435 (32.8%) |
| Vacant Housing Units | 1,719 (12.7%) |
| Median Home Value | $356,609 |
| Average Home Value | $442,089 |
Housing Distribution
Address Breakdown
Residential
13,457
Single Family
10,033
Multi-Family
3,424
Businesses
854
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
Multi Family
Built in 1948
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33770, Largo, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,532 (100%) |
| Owner Occupied HU | 7,378 (54.5%) |
| Renter Occupied HU | 4,435 (32.8%) |
| Vacant Housing Units | 1,719 (12.7%) |
| Median Home Value | $356,609 |
| Average Home Value | $442,089 |
Housing Distribution
Address Breakdown
Residential
13,457
Single Family
10,033
Multi-Family
3,424
Businesses
854
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices