1487 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 1487 56th St W, Bradenton, FL, 34209 earns $389/mo cash flow from $1,783/mo rent with a $1,028/mo payment. Total monthly income totals $1,783/mo, and annual cash flow totals $4,671/yr on $69,615 capital. ROI tracks 26.62% on current figures, and rental yield reads 10.19% at a $210,000 purchase. Equity gained on principal adds $1,355/yr, and 5% annual appreciation supports $58,019 over five years. Five-year ROI reaches 139.46% and total cumulative return in cash sums $97,084. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,783/mo property income instead of your personal income.
Condo
Built in 1977
0.71 Acres 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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