17118 Vardon Ter UNIT 305BradentonFL34211
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow17118 Vardon Ter UNIT 305, Bradenton, FL, 34211 in Bradenton carries a 2.00 coverage ratio, rent of $3,332/mo is 2.00 times the $1,664/mo payment. Rental yield 10.81%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $370,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $102,224; total projected cumulative return: $123,634.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 5.1% |
| Monthly Cash Flow | $(354) | $285 |
City averages based on Bradenton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,332 |
| Total Monthly Debt Service | $3,539 |
| DSCR Ratio | 0.94x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2018
N/A lot
$N/A/sqft
$925 monthly 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
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
Condo
Built in 2018
N/A lot
$N/A/sqft
$925 monthly 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