18238 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 18238 Clear Lake Dr, Lutz, FL, 33548 generates $4,387/mo in rent, after a $3,549/mo payment. Total monthly income is $4,387/mo. Return on cash invested sits at 16.1% in year one, and rental yield is 7.26% on a $725,000 entry. Equity gained on principal adds $4,678/yr, while 5% annual appreciation builds toward $200,304 over five years. Five-year ROI reaches 83.63% and total cumulative return in cash sums $199,481. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,387/mo property income rather than buyer’s personal income.
Single Family
Built in 1991
0.40 Acres lot
$N/A/sqft
$165 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
Listed by: Ryan Sack • FUTURE HOME REALTY INC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8377482
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511