2077 Wetland Point #1103LutzFL33558
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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 2077 Wetland Point #1103, Lutz, FL, 33558 generates $1,317/mo in rent and, after a $808/mo payment, leaves $222/mo in cash flow. Total monthly income is $1,317/mo, and annual cash flow is $2,659/yr on $54,698 invested. Return on cash invested sits at 24.77% in year one, and rental yield is 9.58% on a $165,000 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 129.53% and total cumulative return in cash sums $70,847. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,317/mo property income rather than buyer’s personal income.
Condo
Built in 2002
N/A lot
$N/A/sqft
No 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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