229 42nd St WBradentonFL34209
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
Rental property for sale in Bradenton at 229 42nd St W, Bradenton, FL, 34209 generates $1,932/mo in rent and, after a $1,370/mo payment, leaves $35/mo in cash flow. Total monthly income is $1,932/mo, and annual cash flow is $419/yr on $92,820 invested. Return on cash invested sits at 20.36% in year one, and rental yield is 8.28% on a $280,000 entry. Equity gained on principal adds $1,807/yr, while 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 106.03% and total cumulative return in cash sums $98,421. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,932/mo property income rather than buyer’s personal income.
Single Family
Built in 1925
6,499 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34209, Bradenton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,115 (100%) |
| Owner Occupied HU | 12,609 (66.0%) |
| Renter Occupied HU | 3,273 (17.1%) |
| Vacant Housing Units | 3,233 (16.9%) |
| Median Home Value | $486,037 |
| Average Home Value | $592,277 |
Housing Distribution
Address Breakdown
Residential
17,498
Single Family
13,324
Multi-Family
4,174
Businesses
586
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shandra Holbrook • DALTON WADE INC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #A4646687
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