501 E Bay Dr APT 3601LargoFL33770
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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 501 E Bay Dr APT 3601, Largo, FL, 33770 uses $64,808 cash to close to unlock $15,912/yr annual cash flow and $1,326/mo monthly cash flow. Total monthly income runs $3,144/mo, and a $957/mo payment keeps the spread at $1,326/mo. Purchase price stands at $195,500, and rental yield measures 19.3% with $3,144/mo rent. Return on cash invested shows 44.46% in year one, and 5% annual appreciation builds toward $54,013 over five years. Five-year ROI reaches 238.67% and total cumulative return in cash records $154,679. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,144/mo property income covering a $957/mo payment rather than investor’s personal income.
Condo
Built in 1975
N/A lot
$N/A/sqft
$490 monthly 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: Nayibe Zambrano Hernandez • AVISTA BAY REALTY, LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #T3531597
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