3494 Lake Bayshore Dr #P520BradentonFL34205
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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 3494 Lake Bayshore Dr #P520, Bradenton, FL, 34205 listed at $158,800 pairs $1,258/mo rent with a $777/mo payment to leave $204/mo cash flow. Total monthly income runs $1,258/mo, and annual cash flow reaches $2,453/yr on $52,642 cash to close. Return on cash invested measures 24.57% in year one, and rental yield registers 9.51% at a $158,800 basis. Equity gained on principal adds $1,025/yr, and annual property appreciation at 5% supports $43,874 by year five. Five-year ROI tracks 128.49% and total cumulative return in cash totals $67,641. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,258/mo property income relative to a $777/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1981
N/A 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
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