1703 DrivewayLutzFL33549
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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
Rental property for sale in Lutz at 1703 Driveway, Lutz, FL, 33549 priced at $708,900 converts $0/mo rent into after a $3,470/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -4.15% in year one, and rental yield reads 0% against a $708,900 entry. Equity gained on principal adds $4,574/yr, while 5% annual appreciation compiles into $195,856 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $3,470/mo payment, not borrower’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33549, Lutz, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,476 (100%) |
| Owner Occupied HU | 5,596 (66.0%) |
| Renter Occupied HU | 2,515 (29.7%) |
| Vacant Housing Units | 365 ( 4.3%) |
| Median Home Value | $466,952 |
| Average Home Value | $498,666 |
Housing Distribution
Address Breakdown
Residential
7,330
Single Family
6,539
Multi-Family
791
Businesses
547
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices