206 1st Ave NELutzFL33549
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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 206 1st Ave NE, Lutz, FL, 33549 offers a 7.39% rental yield on a $475,000 purchase with $2,924/mo rent. 17% in year one. Equity gained on principal adds $3,065/yr while 5% annual appreciation supports $131,234 over five years. Portfolio math shows five-year ROI at 94.09% and total cumulative return in cash at $148,159. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,924/mo property income against a $2,325/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
0.30 Acres 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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