20300 Leonard Rd LOT 2LutzFL33558
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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 20300 Leonard Rd LOT 2, Lutz, FL, 33558 generates $1,510/mo in rent and, after a $930/mo payment, leaves $39/mo in cash flow. Total monthly income is $1,510/mo, and annual cash flow is $469/yr on $62,985 invested. Return on cash invested sits at 20.65% in year one, and rental yield is 9.54% on a $190,000 entry. Equity gained on principal adds $1,226/yr, while 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 108.96% and total cumulative return in cash sums $68,628. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,510/mo property income rather than buyer’s personal income.
Manufactured
Built in 2019
2,887 sqft lot
$N/A/sqft
$210 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33558, Lutz, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,521 (100%) |
| Owner Occupied HU | 8,542 (68.2%) |
| Renter Occupied HU | 3,153 (25.2%) |
| Vacant Housing Units | 826 ( 6.6%) |
| Median Home Value | $554,444 |
| Average Home Value | $600,790 |
Housing Distribution
Address Breakdown
Residential
12,245
Single Family
8,965
Multi-Family
3,280
Businesses
296
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Listed by: April Genter • CHARLES RUTENBERG REALTY INC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #W7868464
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