1975 W Bay Dr APT 312LargoFL33770
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowReliable, bankable, and well-priced, 1975 W Bay Dr APT 312, Largo, FL, 33770 in Largo delivers $1,685/mo in gross rent and $230/mo in net monthly income at a $169,000 entry. The 11.96% yield and 2.22 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $46,692 over five years and $1,557/yr in equity from loan paydown, total projected return is $100,687.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12% | 7.0% |
| Monthly Cash Flow | $230 | $1,500 |
City averages based on Largo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,685 |
| Total Monthly Debt Service | $1,054 |
| DSCR Ratio | 1.60x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Condo
Built in 1970
3.22 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
Condo
Built in 1970
3.22 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