15679 Lemon Fish DrLakewood 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
Investment property for sale in Lakewood Ranch at 15679 Lemon Fish Dr, Lakewood Ranch, FL, 34202 offers a 9.15% rental yield on a $420,000 purchase with $3,204/mo rent. Total monthly income registers $3,204/mo, and a $2,056/mo payment leaves $417/mo available for distribution. Annual cash flow reaches $4,998/yr on $139,230 to close, and return on cash invested stands at 23.5% in year one. Equity gained on principal adds $2,710/yr while 5% annual appreciation supports $116,038 over five years. Portfolio math shows five-year ROI at 122.69% and total cumulative return in cash at $170,815. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,204/mo property income against a $2,056/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2013
7,505 sqft 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: Steven Weiss • REDFIN CORPORATION
Mls Name: Stellar MLS
Mls ID: #TB8412070