1801 Gulf Dr N UNIT 175Bradenton BeachFL34217
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe headline number at 1801 Gulf Dr N UNIT 175, Bradenton Beach, FL, 34217 in Bradenton Beach is the 2.00 coverage ratio: rent of $4,225/mo versus a $2,113/mo debt payment on a $469,900 property. Rental yield 10.79%. That margin is what gives Ziffy Mortgage's DSCR loan the coverage it needs for a clean, fast approval, no W-2s, no U.S. residency. Appreciation at 5%/yr projects $129,825 by year five, with $4,328/yr in equity from paydown. Total projected cumulative return: $140,755.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 6.0% |
| Monthly Cash Flow | $(719) | $1,800 |
City averages based on Bradenton Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,225 |
| Total Monthly Debt Service | $4,757 |
| DSCR Ratio | 0.89x |
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 1978
N/A lot
$N/A/sqft
$1,588 monthly HOA
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 1978
N/A lot
$N/A/sqft
$1,588 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Bartone • ANNA MARIA ISLAND BEACHES RE
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #A4635166
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511