2141 Ridge Rd S LOT 1LargoFL33778
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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 2141 Ridge Rd S LOT 1, Largo, FL, 33778 offers a 9.37% rental yield on a $113,900 purchase with $889/mo rent. Total monthly income registers $889/mo, and a $557/mo payment leaves $134/mo available for distribution. Annual cash flow reaches $1,603/yr on $37,758 to close, and return on cash invested stands at 24.16% in year one. Equity gained on principal adds $735/yr while 5% annual appreciation supports $31,468 over five years. Portfolio math shows five-year ROI at 126.24% and total cumulative return in cash at $47,664. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $889/mo property income against a $557/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2004
N/A 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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