7431 Edenmore StLakewood 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 7431 Edenmore St, Lakewood Ranch, FL, 34202 uses $219,443 cash to close to unlock $7,360/yr annual cash flow and $613/mo monthly cash flow. Total monthly income runs $5,040/mo, and a $3,265/mo payment keeps the spread at $613/mo. Purchase price stands at $667,000, and rental yield measures 9.07% with $5,040/mo rent. Return on cash invested shows 23.41% in year one, and 5% annual appreciation builds toward $184,280 over five years. Five-year ROI reaches 122.21% and total cumulative return in cash records $268,175. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,040/mo property income covering a $3,265/mo payment rather than investor’s personal income.
Single Family
Built in 2006
8,603 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: Carly Heiser, PLLC • LESLIE WELLS REALTY, INC.
Mls Name: Stellar MLS
Mls ID: #A4671319