2950 W Bay Dr APT A2Belleair BluffsFL33770
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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
Investment Highlights
Rental property for sale in Belleair Bluffs at 2950 W Bay Dr APT A2, Belleair Bluffs, FL, 33770 priced at $179,999 converts $1,363/mo rent into $169/mo cash flow after a $881/mo obligation. Total monthly income equals $1,363/mo, and annual cash flow totals $2,022/yr on $59,670 invested. Return on cash invested prints 23.3% in year one, and rental yield reads 9.09% against a $179,999 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation compiles into $49,730 by year five. Five-year ROI reaches 121.64% and total cumulative return in cash sums $72,580. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,363/mo property income covering a $881/mo payment, not borrower’s personal income.
Condo
Built in 1964
N/A 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
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Listed by: Ethel Buns • COMPASS FLORIDA LLC
Mls Name: Stellar MLS
Mls ID: #TB8452058