8336 Miramar WayLakewood RanchFL34202
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingFor first-time U.S. investors or those diversifying conservatively, 8336 Miramar Way, Lakewood Ranch, FL, 34202 in Lakewood Ranch offers a clean, manageable entry. Rental yield 6.89%. DSCR 1.28 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $151,955 in additional property value over five years, with $5,066/yr in principal equity building ownership stake. Total projected cumulative return: $177,953.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.9% | 5.5% |
| Monthly Cash Flow | $(1,086) | $250 |
City averages based on Lakewood Ranch market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,157 |
| Total Monthly Debt Service | $3,431 |
| DSCR Ratio | 0.92x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Condo
Built in 2007
3,825 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
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
Condo
Built in 2007
3,825 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stuart Lawrence • MICHAEL SAUNDERS & COMPANY
Mls Name: Stellar MLS
Mls ID: #A4673239