1116 78th St NWBradentonFL34209
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
Investment Highlights
Investment property for sale in Bradenton at 1116 78th St NW, Bradenton, FL, 34209 uses $205,625 cash to close to unlock $14,226/yr annual cash flow and $1,185/mo monthly cash flow. Total monthly income runs $5,333/mo, and a $3,059/mo payment keeps the spread at $1,185/mo. Purchase price stands at $625,000, and rental yield measures 10.24% with $5,333/mo rent. Return on cash invested shows 26.98% in year one, and 5% annual appreciation builds toward $172,676 over five years. Five-year ROI reaches 141.32% and total cumulative return in cash records $290,593. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,333/mo property income covering a $3,059/mo payment rather than investor’s personal income.
Single Family
Built in 1979
10,032 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34209, Bradenton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,115 (100%) |
| Owner Occupied HU | 12,609 (66.0%) |
| Renter Occupied HU | 3,273 (17.1%) |
| Vacant Housing Units | 3,233 (16.9%) |
| Median Home Value | $486,037 |
| Average Home Value | $592,277 |
Housing Distribution
Address Breakdown
Residential
17,498
Single Family
13,324
Multi-Family
4,174
Businesses
586
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices