821 3rd Ave SW #5LargoFL33770
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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 821 3rd Ave SW #5, Largo, FL, 33770 offers a 19.47% rental yield on a $135,000 purchase with $2,190/mo rent. Total monthly income registers $2,190/mo, and a $661/mo payment leaves $1,294/mo available for distribution. Annual cash flow reaches $15,526/yr on $44,753 to close, and return on cash invested stands at 54.6% in year one. Equity gained on principal adds $871/yr while 5% annual appreciation supports $37,298 over five years. Portfolio math shows five-year ROI at 289.49% and total cumulative return in cash at $129,553. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,190/mo property income against a $661/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1984
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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