220 Pineneedle Dr #220BradentonFL34210
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
Investment Highlights
Investment property for sale in Bradenton at 220 Pineneedle Dr #220, Bradenton, FL, 34210 uses $66,300 cash to close to unlock $932/yr annual cash flow and $78/mo monthly cash flow. Total monthly income runs $1,405/mo, and a $979/mo payment keeps the spread at $78/mo. Purchase price stands at $200,000, and rental yield measures 8.43% with $1,405/mo rent. Return on cash invested shows 21.31% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 110.98% and total cumulative return in cash records $73,580. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,405/mo property income covering a $979/mo payment rather than investor’s personal income.
Condo
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34210, Bradenton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,747 (100%) |
| Owner Occupied HU | 4,540 (38.6%) |
| Renter Occupied HU | 3,679 (31.3%) |
| Vacant Housing Units | 3,528 (30.0%) |
| Median Home Value | $432,365 |
| Average Home Value | $528,171 |
Housing Distribution
Address Breakdown
Residential
10,390
Single Family
5,578
Multi-Family
4,812
Businesses
475
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices