13608 Messina Loop UNIT 202BradentonFL34211
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 13608 Messina Loop UNIT 202, Bradenton, FL, 34211 uses $122,622 cash to close to unlock $1,617/yr annual cash flow and $135/mo monthly cash flow. Total monthly income runs $2,589/mo, and a $1,810/mo payment keeps the spread at $135/mo. Purchase price stands at $369,900, and rental yield measures 8.4% with $2,589/mo rent. Return on cash invested shows 21.23% in year one, and 5% annual appreciation builds toward $102,197 over five years. Five-year ROI reaches 110.49% and total cumulative return in cash records $135,490. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,589/mo property income covering a $1,810/mo payment rather than investor’s personal income.
Condo
Built in 2018
2.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34211, Bradenton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,750 (100%) |
| Owner Occupied HU | 11,166 (59.6%) |
| Renter Occupied HU | 3,768 (20.1%) |
| Vacant Housing Units | 3,816 (20.4%) |
| Median Home Value | $693,577 |
| Average Home Value | $748,318 |
Housing Distribution
Address Breakdown
Residential
15,868
Single Family
14,461
Multi-Family
1,407
Businesses
686
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices