3600 38th Ave EBradentonFL34208
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Bradenton rental at 3600 38th Ave E, Bradenton, FL, 34208 sits in the solid-income band: 9.09% gross yield, $3,030/mo rent, $376/mo net after the $1,799/mo debt service, DSCR 1.68. Entry price of $399,997 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $110,512 and $3,684/yr in principal reduction bring total cumulative return to $176,625.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 5.1% |
| Monthly Cash Flow | $376 | $285 |
City averages based on Bradenton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,030 |
| Total Monthly Debt Service | $2,495 |
| DSCR Ratio | 1.21x |
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.
Single Family
Built in 1972
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34208, Bradenton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,567 (100%) |
| Owner Occupied HU | 8,500 (48.4%) |
| Renter Occupied HU | 7,263 (41.3%) |
| Vacant Housing Units | 1,804 (10.3%) |
| Median Home Value | $347,966 |
| Average Home Value | $420,342 |
Housing Distribution
Address Breakdown
Residential
16,136
Single Family
11,315
Multi-Family
4,821
Businesses
891
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
Single Family
Built in 1972
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34208, Bradenton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,567 (100%) |
| Owner Occupied HU | 8,500 (48.4%) |
| Renter Occupied HU | 7,263 (41.3%) |
| Vacant Housing Units | 1,804 (10.3%) |
| Median Home Value | $347,966 |
| Average Home Value | $420,342 |
Housing Distribution
Address Breakdown
Residential
16,136
Single Family
11,315
Multi-Family
4,821
Businesses
891
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices