1111 W Faith Cir APT 1006BradentonFL34212
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeHigh DSCR is a competitive advantage at closing. 1111 W Faith Cir APT 1006, Bradenton, FL, 34212 in Bradenton achieves 1.77, rent of $1,348/mo covers the $760/mo payment 1.5x over at $169,000. Rental yield 9.57%. That makes it both an efficient operational hold and a straightforward underwrite for Ziffy Mortgage's DSCR program. No domestic credit history or income documentation required. Appreciation at 5%/yr adds $46,692 over five years, with $1,557/yr in principal reduction bringing total projected return to $79,003.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 5.1% |
| Monthly Cash Flow | $(274) | $285 |
City averages based on Bradenton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,348 |
| Total Monthly Debt Service | $1,054 |
| DSCR Ratio | 1.28x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1980
2.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34212, Bradenton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,199 (100%) |
| Owner Occupied HU | 8,404 (68.9%) |
| Renter Occupied HU | 2,240 (18.4%) |
| Vacant Housing Units | 1,555 (12.7%) |
| Median Home Value | $561,266 |
| Average Home Value | $599,286 |
Housing Distribution
Address Breakdown
Residential
11,245
Single Family
9,859
Multi-Family
1,386
Businesses
134
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 1980
2.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34212, Bradenton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,199 (100%) |
| Owner Occupied HU | 8,404 (68.9%) |
| Renter Occupied HU | 2,240 (18.4%) |
| Vacant Housing Units | 1,555 (12.7%) |
| Median Home Value | $561,266 |
| Average Home Value | $599,286 |
Housing Distribution
Address Breakdown
Residential
11,245
Single Family
9,859
Multi-Family
1,386
Businesses
134
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices