1304 56th St WBradentonFL34209
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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 1304 56th St W, Bradenton, FL, 34209 uses $76,179 cash to close to unlock $4,329/yr annual cash flow and $361/mo monthly cash flow. Total monthly income runs $1,886/mo, and a $1,125/mo payment keeps the spread at $361/mo. Purchase price stands at $229,800, and rental yield measures 9.85% with $1,886/mo rent. Return on cash invested shows 25.59% in year one, and 5% annual appreciation builds toward $63,490 over five years. Five-year ROI reaches 133.9% and total cumulative return in cash records $102,004. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,886/mo property income covering a $1,125/mo payment rather than investor’s personal income.
Condo
Built in 1979
N/A 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
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