1004 Lake Charles CirLutzFL33548
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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 Lutz at 1004 Lake Charles Cir, Lutz, FL, 33548 uses $155,805 cash to close to unlock $593/yr annual cash flow and $49/mo monthly cash flow. Total monthly income runs $3,168/mo, and a $2,300/mo payment keeps the spread at $49/mo. Purchase price stands at $470,000, and rental yield measures 8.09% with $3,168/mo rent. Return on cash invested shows 20.29% in year one, and 5% annual appreciation builds toward $129,852 over five years. Five-year ROI reaches 105.48% and total cumulative return in cash records $164,337. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,168/mo property income covering a $2,300/mo payment rather than investor’s personal income.
Single Family
Built in 1974
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33548, Lutz, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,324 (100%) |
| Owner Occupied HU | 2,464 (74.1%) |
| Renter Occupied HU | 574 (17.3%) |
| Vacant Housing Units | 286 ( 8.6%) |
| Median Home Value | $624,457 |
| Average Home Value | $726,915 |
Housing Distribution
Address Breakdown
Residential
3,208
Single Family
3,033
Multi-Family
175
Businesses
684
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