2412 38th Ave WBradentonFL34205
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 2412 38th Ave W, Bradenton, FL, 34205 earns $234/mo cash flow from $1,926/mo rent with a $1,248/mo payment. Total monthly income totals $1,926/mo, and annual cash flow totals $2,806/yr on $84,533 capital. ROI tracks 23.23% on current figures, and rental yield reads 9.06% at a $255,000 purchase. Equity gained on principal adds $1,645/yr, and 5% annual appreciation supports $70,452 over five years. Five-year ROI reaches 121.21% and total cumulative return in cash sums $102,464. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,926/mo property income instead of your personal income.
Single Family
Built in 1959
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34205, Bradenton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,161 (100%) |
| Owner Occupied HU | 8,224 (47.9%) |
| Renter Occupied HU | 6,528 (38.0%) |
| Vacant Housing Units | 2,409 (14.0%) |
| Median Home Value | $255,932 |
| Average Home Value | $318,078 |
Housing Distribution
Address Breakdown
Residential
15,173
Single Family
11,089
Multi-Family
4,084
Businesses
1,084
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices