3500 El Conquistador Pkwy APT 242BradentonFL34210
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 3500 El Conquistador Pkwy APT 242, Bradenton, FL, 34210 in Bradenton. At $231,000 it earns $1,860/mo in rent and distributes $354/mo to the owner after the $1,039/mo payment, a consistent 9.83% yield. DSCR 1.79 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $63,821 in value; $2,128/yr in principal paydown compounds ownership stake. Total projected return: $109,070.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.8% | 5.1% |
| Monthly Cash Flow | $354 | $285 |
City averages based on Bradenton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,860 |
| Total Monthly Debt Service | $1,441 |
| DSCR Ratio | 1.29x |
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 1978
15.54 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 1978
15.54 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