23300 Willow Glen WayLutzFL33549
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 23300 Willow Glen Way, Lutz, FL, 33549 in Lutz. At $355,500 it earns $2,858/mo in rent and distributes $313/mo to the owner after the $1,599/mo payment, a consistent 9.65% yield. DSCR 1.79 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $98,218 in value; $3,274/yr in principal paydown compounds ownership stake. Total projected return: $156,421.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.7% | 5.0% |
| Monthly Cash Flow | $313 | $350 |
City averages based on Lutz market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,858 |
| Total Monthly Debt Service | $2,404 |
| DSCR Ratio | 1.19x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2022
2,831 sqft 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
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
Townhouse
Built in 2022
2,831 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices