10530 Boardwalk Loop UNIT 202Lakewood RanchFL34202
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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 Lakewood Ranch at 10530 Boardwalk Loop UNIT 202, Lakewood Ranch, FL, 34202 generates $3,112/mo in rent, after a $2,589/mo payment. Total monthly income is $3,112/mo. Return on cash invested sits at 17.31% in year one, and rental yield is 7.06% on a $529,000 entry. Equity gained on principal adds $3,414/yr, while 5% annual appreciation builds toward $146,153 over five years. Five-year ROI reaches 89.48% and total cumulative return in cash sums $155,741. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,112/mo property income rather than buyer’s personal income.
Condo
Built in 2017
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34202, Bradenton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,576 (100%) |
| Owner Occupied HU | 10,728 (73.6%) |
| Renter Occupied HU | 2,444 (16.8%) |
| Vacant Housing Units | 1,404 ( 9.6%) |
| Median Home Value | $677,722 |
| Average Home Value | $841,924 |
Housing Distribution
Address Breakdown
Residential
13,965
Single Family
11,703
Multi-Family
2,262
Businesses
550
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Listed by: Joanna Petriccione, PLLC • KELLER WILLIAMS ON THE WATER S
Mls Name: Stellar MLS
Mls ID: #A4672703