2131 Ridge Rd S APT 80LargoFL33778
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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
Rental property for sale in Largo at 2131 Ridge Rd S APT 80, Largo, FL, 33778 generates $1,472/mo in rent and, after a $1,018/mo payment, leaves $92/mo in cash flow. Total monthly income is $1,472/mo, and annual cash flow is $1,101/yr on $68,952 invested. Return on cash invested sits at 21.51% in year one, and rental yield is 8.49% on a $208,000 entry. Equity gained on principal adds $1,342/yr, while 5% annual appreciation builds toward $57,467 over five years. Five-year ROI reaches 112.01% and total cumulative return in cash sums $77,232. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,472/mo property income rather than buyer’s personal income.
Condo
Built in 1984
1,233 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33778, Largo, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,106 (100%) |
| Owner Occupied HU | 4,822 (67.9%) |
| Renter Occupied HU | 1,493 (21.0%) |
| Vacant Housing Units | 791 (11.1%) |
| Median Home Value | $371,212 |
| Average Home Value | $441,895 |
Housing Distribution
Address Breakdown
Residential
7,463
Single Family
6,491
Multi-Family
972
Businesses
363
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