500 Belcher Rd S APT 109LargoFL33771
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid fundamentals define the investment case at 500 Belcher Rd S APT 109, Largo, FL, 33771 in Largo: $1,975/mo in rent, $464/mo in net income, 15.1% gross yield, 2.80 DSCR, all at $157,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $43,376 in appreciation and $1,446/yr in principal paydown projects total cumulative return of $91,767.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15.1% | 7.0% |
| Monthly Cash Flow | $464 | $1,500 |
City averages based on Largo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,975 |
| Total Monthly Debt Service | $1,448 |
| DSCR Ratio | 1.36x |
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.
Condo
Built in 1985
N/A lot
$N/A/sqft
$469 monthly 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
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
Condo
Built in 1985
N/A lot
$N/A/sqft
$469 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kieran Quinn • REALTY EXPERTS
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8398021
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