1650 1st Ave W APT 307BBradentonFL34205
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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 1650 1st Ave W APT 307B, Bradenton, FL, 34205 uses $124,313 cash to close to unlock $4,246/yr annual cash flow and $354/mo monthly cash flow. Total monthly income runs $2,842/mo, and a $1,835/mo payment keeps the spread at $354/mo. Purchase price stands at $375,000, and rental yield measures 9.09% with $2,842/mo rent. Return on cash invested shows 23.32% in year one, and 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 121.73% and total cumulative return in cash records $151,323. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,842/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Condo
Built in 1975
1.10 Acres 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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