1507 12th Ct SELargoFL33771
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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 1507 12th Ct SE, Largo, FL, 33771 uses $58,013 cash to close to unlock $2,259/yr annual cash flow and $188/mo monthly cash flow. Total monthly income runs $1,350/mo, and a $857/mo payment keeps the spread at $188/mo. Purchase price stands at $175,000, and rental yield measures 9.26% with $1,350/mo rent. Return on cash invested shows 23.8% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 124.37% and total cumulative return in cash records $72,151. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,350/mo property income covering a $857/mo payment rather than investor’s personal income.
Condo
Built in 1974
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
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