1661 Woodridge CtLutzFL33559
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Lutz rental at 1661 Woodridge Ct, Lutz, FL, 33559 sits in the solid-income band: 8.51% gross yield, $4,609/mo rent, $279/mo net after the $2,923/mo debt service, DSCR 1.58. Entry price of $650,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $179,583 and $5,987/yr in principal reduction bring total cumulative return to $266,723.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 5.0% |
| Monthly Cash Flow | $279 | $350 |
City averages based on Lutz market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $4,609 |
| Total Monthly Debt Service | $4,055 |
| DSCR Ratio | 1.14x |
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.
Single Family
Built in 1992
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33559, Lutz, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,750 (100%) |
| Owner Occupied HU | 3,993 (51.5%) |
| Renter Occupied HU | 3,182 (41.1%) |
| Vacant Housing Units | 575 ( 7.4%) |
| Median Home Value | $438,365 |
| Average Home Value | $507,849 |
Housing Distribution
Address Breakdown
Residential
7,308
Single Family
5,780
Multi-Family
1,528
Businesses
486
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
Single Family
Built in 1992
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33559, Lutz, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,750 (100%) |
| Owner Occupied HU | 3,993 (51.5%) |
| Renter Occupied HU | 3,182 (41.1%) |
| Vacant Housing Units | 575 ( 7.4%) |
| Median Home Value | $438,365 |
| Average Home Value | $507,849 |
Housing Distribution
Address Breakdown
Residential
7,308
Single Family
5,780
Multi-Family
1,528
Businesses
486
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices