3050 Meadow Lake AveLargoFL33771
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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 3050 Meadow Lake Ave, Largo, FL, 33771 generates $2,813/mo in rent and, after a $1,566/mo payment, leaves $690/mo in cash flow. Total monthly income is $2,813/mo, and annual cash flow is $8,276/yr on $106,080 invested. Return on cash invested sits at 27.71% in year one, and rental yield is 10.55% on a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 145.26% and total cumulative return in cash sums $154,095. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,813/mo property income rather than buyer’s personal income.
Multi Family
Built in 1973
8,834 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33771, Largo, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,980 (100%) |
| Owner Occupied HU | 8,564 (50.4%) |
| Renter Occupied HU | 6,121 (36.0%) |
| Vacant Housing Units | 2,295 (13.5%) |
| Median Home Value | $248,409 |
| Average Home Value | $310,520 |
Housing Distribution
Address Breakdown
Residential
16,193
Single Family
10,905
Multi-Family
5,288
Businesses
1,329
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