74 Redwood Ln #74LargoFL33770
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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 74 Redwood Ln #74, Largo, FL, 33770 uses $33,979 cash to close to unlock $1,458/yr annual cash flow and $121/mo monthly cash flow. Total monthly income runs $802/mo, and a $502/mo payment keeps the spread at $121/mo. Purchase price stands at $102,500, and rental yield measures 9.39% with $802/mo rent. Return on cash invested shows 24.2% in year one, and 5% annual appreciation builds toward $28,319 over five years. Five-year ROI reaches 126.49% and total cumulative return in cash records $42,981. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $802/mo property income covering a $502/mo payment rather than investor’s personal income.
Manufactured
Built in 2012
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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