2124 3rd St EBradentonFL34208
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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
Rental property for sale in Bradenton at 2124 3rd St E, Bradenton, FL, 34208 generates $1,588/mo in rent, after a $1,209/mo payment. Total monthly income is $1,588/mo. Return on cash invested sits at 19.16% in year one, and rental yield is 7.71% on a $247,000 entry. Equity gained on principal adds $1,594/yr, while 5% annual appreciation builds toward $68,242 over five years. Five-year ROI reaches 99.41% and total cumulative return in cash sums $81,400. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,588/mo property income rather than buyer’s personal income.
Single Family
Built in 1952
6,943 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
16,136
Single Family
11,315
Multi-Family
4,821
Businesses
891
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