1031 3rd St WBradentonFL34205
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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 Bradenton at 1031 3rd St W, Bradenton, FL, 34205 uses $92,803 cash to close to unlock $1,253/yr annual cash flow and $104/mo monthly cash flow. Total monthly income runs $1,962/mo, and a $1,370/mo payment keeps the spread at $104/mo. Purchase price stands at $279,950, and rental yield measures 8.41% with $1,962/mo rent. Return on cash invested shows 21.26% in year one, and 5% annual appreciation builds toward $77,345 over five years. Five-year ROI reaches 110.69% and total cumulative return in cash records $102,725. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,962/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Single Family
Built in 1995
5,179 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34205, Bradenton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,161 (100%) |
| Owner Occupied HU | 8,224 (47.9%) |
| Renter Occupied HU | 6,528 (38.0%) |
| Vacant Housing Units | 2,409 (14.0%) |
| Median Home Value | $255,932 |
| Average Home Value | $318,078 |
Housing Distribution
Address Breakdown
Residential
15,173
Single Family
11,089
Multi-Family
4,084
Businesses
1,084
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