2808 60th Ave W APT 1924BradentonFL34207
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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 2808 60th Ave W APT 1924, Bradenton, FL, 34207 earns $222/mo cash flow from $1,277/mo rent with a $778/mo payment. Total monthly income totals $1,277/mo, and annual cash flow totals $2,665/yr on $52,709 capital. ROI tracks 24.97% on current figures, and rental yield reads 9.64% at a $159,000 purchase. Equity gained on principal adds $1,026/yr, and 5% annual appreciation supports $43,929 over five years. Five-year ROI reaches 130.63% and total cumulative return in cash sums $68,856. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,277/mo property income instead of your personal income.
Condo
Built in 1982
9.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34207, Bradenton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,975 (100%) |
| Owner Occupied HU | 9,533 (47.7%) |
| Renter Occupied HU | 6,846 (34.3%) |
| Vacant Housing Units | 3,596 (18.0%) |
| Median Home Value | $144,995 |
| Average Home Value | $222,145 |
Housing Distribution
Address Breakdown
Residential
16,180
Single Family
13,186
Multi-Family
2,994
Businesses
756
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