308 Timberlake Dr #308BradentonFL34210
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowHigh DSCR is a competitive advantage at closing. 308 Timberlake Dr #308, Bradenton, FL, 34210 in Bradenton achieves 1.90, rent of $3,290/mo covers the $1,735/mo payment 1.5x over at $385,900. Rental yield 10.23%. That makes it both an efficient operational hold and a straightforward underwrite for Ziffy Mortgage's DSCR program. No domestic credit history or income documentation required. Appreciation at 5%/yr adds $106,617 over five years, with $3,554/yr in principal reduction bringing total projected return to $194,003.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 5.1% |
| Monthly Cash Flow | $(70) | $285 |
City averages based on Bradenton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,290 |
| Total Monthly Debt Service | $2,407 |
| DSCR Ratio | 1.37x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1980
8.32 Acres 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
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
Condo
Built in 1980
8.32 Acres 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