23320 Red Robin PlBradentonFL34202
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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
Investment property for sale in Bradenton at 23320 Red Robin Pl, Bradenton, FL, 34202 offers a 8.87% rental yield on a $1,049,000 purchase with $7,756/mo rent. Total monthly income registers $7,756/mo, and a $5,134/mo payment leaves $795/mo available for distribution. Annual cash flow reaches $9,540/yr on $339,876 to close, and return on cash invested stands at 23.18% in year one. Equity gained on principal adds $6,769/yr while 5% annual appreciation supports $289,819 over five years. Portfolio math shows five-year ROI at 120.86% and total cumulative return in cash at $410,764. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,756/mo property income against a $5,134/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
1.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34202, Bradenton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,576 (100%) |
| Owner Occupied HU | 10,728 (73.6%) |
| Renter Occupied HU | 2,444 (16.8%) |
| Vacant Housing Units | 1,404 ( 9.6%) |
| Median Home Value | $677,722 |
| Average Home Value | $841,924 |
Housing Distribution
Address Breakdown
Residential
13,965
Single Family
11,703
Multi-Family
2,262
Businesses
550
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