16904 Vardon Ter #304BradentonFL34211
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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 16904 Vardon Ter #304, Bradenton, FL, 34211 uses $95,804 cash to close to unlock $1,316/yr annual cash flow and $110/mo monthly cash flow. Total monthly income runs $2,028/mo, and a $1,415/mo payment keeps the spread at $110/mo. Purchase price stands at $289,000, and rental yield measures 8.42% with $2,028/mo rent. Return on cash invested shows 21.28% in year one, and 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 110.79% and total cumulative return in cash records $106,142. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,028/mo property income covering a $1,415/mo payment rather than investor’s personal income.
Condo
Built in 2018
0.85 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
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