1512 23rd Ave WBradentonFL34205
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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 1512 23rd Ave W, Bradenton, FL, 34205 offers a 13.69% rental yield on a $109,900 purchase with $1,254/mo rent. Total monthly income registers $1,254/mo, and a $538/mo payment leaves $525/mo available for distribution. Annual cash flow reaches $6,295/yr on $36,432 to close, and return on cash invested stands at 37.19% in year one. Equity gained on principal adds $709/yr while 5% annual appreciation supports $30,363 over five years. Portfolio math shows five-year ROI at 196.13% and total cumulative return in cash at $71,452. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,254/mo property income against a $538/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1978
2,352 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34205, Bradenton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,161 (100%) |
| Owner Occupied HU | 8,224 (47.9%) |
| Renter Occupied HU | 6,528 (38.0%) |
| Vacant Housing Units | 2,409 (14.0%) |
| Median Home Value | $255,932 |
| Average Home Value | $318,078 |
Housing Distribution
Address Breakdown
Residential
15,173
Single Family
11,089
Multi-Family
4,084
Businesses
1,084
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