1929 3rd Ave E, Bradenton, FL, 34208 | $46/mo Cash Flow

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1929 3rd Ave E, Bradenton, FL, 34208 | $46/mo Cash Flow | Ziffy

For Sale

Rental Income

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Bradenton at 1929 3rd Ave E, Bradenton, FL, 34208 offers a 8.12% rental yield on a $354,999 purchase with $2,402/mo rent. Total monthly income registers $2,402/mo, and a $1,738/mo payment leaves $46/mo available for distribution. Annual cash flow reaches $549/yr on $117,682 to close, and return on cash invested stands at 20.38% in year one. Equity gained on principal adds $2,291/yr while 5% annual appreciation supports $98,080 over five years. Portfolio math shows five-year ROI at 105.93% and total cumulative return in cash at $124,655. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,402/mo property income against a $1,738/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1958

7,296 sqft lot

$N/A/sqft

No HOA

More details about the property

One or more photo(s) has been virtually staged. Beautifully remodeled bungalow-style home with a modern design that seamlessly integrates the living room, kitchen, and dining area. Ideal for first-time homebuyers or investors. The roof is from 2019. It enjoys a prime location in a quiet neighborhood on a spacious, fully fenced corner lot that could be used for additional parking or a play area. It also features a separate apartment with its own entrance, bathroom, and kitchenette, currently generating an additional $1,000 a month in rental income. Conveniently located near Riverwalk, Anna Maria Island, shopping, restaurants, banks, and a hospital, with easy access to I-75 and other major roads. For financing options and to qualify for a 1% Lender Credit, direct your buyer to https://cfmtg.com/arodriguez/

Neighborhood Data

Neighborhood data shown for ZIP Code: 34208, Bradenton, FL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	17,567 (100%)
Owner Occupied HU	8,500 (48.4%)
Renter Occupied HU	7,263 (41.3%)
Vacant Housing Units	1,804 (10.3%)
Median Home Value	$347,966
Average Home Value	$420,342