18004 Clear Lake DrLutzFL33548
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
Investment Highlights
Rental property for sale in Lutz at 18004 Clear Lake Dr, Lutz, FL, 33548 generates $5,532/mo in rent and, after a $3,575/mo payment, leaves $198/mo in cash flow. Total monthly income is $5,532/mo, and annual cash flow is $2,381/yr on $240,302 invested. Return on cash invested sits at 21.05% in year one, and rental yield is 9.09% on a $730,400 entry. Equity gained on principal adds $4,713/yr, while 5% annual appreciation builds toward $201,796 over five years. Five-year ROI reaches 110.41% and total cumulative return in cash sums $265,316. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,532/mo property income rather than buyer’s personal income.
Single Family
Built in 1993
0.47 Acres lot
$N/A/sqft
$100 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices