1746 Heron Cove DrLutzFL33549
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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 1746 Heron Cove Dr, Lutz, FL, 33549 uses $119,340 cash to close to unlock $5,232/yr annual cash flow and $436/mo monthly cash flow. Total monthly income runs $2,825/mo, and a $1,762/mo payment keeps the spread at $436/mo. Purchase price stands at $360,000, and rental yield measures 9.42% with $2,825/mo rent. Return on cash invested shows 24.29% in year one, and 5% annual appreciation builds toward $99,461 over five years. Five-year ROI reaches 126.93% and total cumulative return in cash records $151,473. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,825/mo property income covering a $1,762/mo payment rather than investor’s personal income.
Townhouse
Built in 1999
2,739 sqft 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
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