2435 Foggy Creek CirLargoFL33764
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 2435 Foggy Creek Cir, Largo, FL, 33764 in Largo is narrow, $32/mo net on $4,189/mo rent after the $2,442/mo debt service, but the property operates at break-even-plus, not a loss. At $543,000 with a 9.26% yield, the long-run equity case via 5% appreciation ($150,021 over five years) and $5,001/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.72 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $211,403.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 7.0% |
| Monthly Cash Flow | $32 | $1,500 |
City averages based on Largo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,189 |
| Total Monthly Debt Service | $3,941 |
| DSCR Ratio | 1.06x |
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.
Townhouse
Built in 2021
2,897 sqft lot
$N/A/sqft
$412 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33764, Clearwater, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,526 (100%) |
| Owner Occupied HU | 10,029 (57.2%) |
| Renter Occupied HU | 5,082 (29.0%) |
| Vacant Housing Units | 2,415 (13.8%) |
| Median Home Value | $362,220 |
| Average Home Value | $400,141 |
Housing Distribution
Address Breakdown
Residential
14,688
Single Family
10,183
Multi-Family
4,505
Businesses
561
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
Townhouse
Built in 2021
2,897 sqft lot
$N/A/sqft
$412 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33764, Clearwater, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,526 (100%) |
| Owner Occupied HU | 10,029 (57.2%) |
| Renter Occupied HU | 5,082 (29.0%) |
| Vacant Housing Units | 2,415 (13.8%) |
| Median Home Value | $362,220 |
| Average Home Value | $400,141 |
Housing Distribution
Address Breakdown
Residential
14,688
Single Family
10,183
Multi-Family
4,505
Businesses
561
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa Devereaux • CHARLES RUTENBERG REALTY INC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8396456
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511