19015 Scallop Loop #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 19015 Scallop Loop #202, Lakewood Ranch, FL, 34202 generates $2,989/mo in rent and, after a $1,633/mo payment, leaves $775/mo in cash flow. Total monthly income is $2,989/mo, and annual cash flow is $9,299/yr on $110,604 invested. Return on cash invested sits at 28.32% in year one, and rental yield is 10.75% on a $333,648 entry. Equity gained on principal adds $2,153/yr, while 5% annual appreciation builds toward $92,181 over five years. Five-year ROI reaches 148.51% and total cumulative return in cash sums $164,260. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,989/mo property income rather than buyer’s personal income.
Condo
Built in 2025
N/A 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: David Meyers • LENNAR REALTY INC
Mls Name: Stellar MLS
Mls ID: #TB8436231