3705 62nd St EBradentonFL34208
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 3705 62nd St E, Bradenton, FL, 34208 in Bradenton fits: $1,700,000, 2.68% gross yield, and a projected 5% annual appreciation rate adding $469,679 in value within five years. Rental yield 2.68%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.50) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $15,657/yr in principal paydown and $469,679 in appreciation project a total return of $165,884.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.7% | 5.1% |
| Monthly Cash Flow | $(7,492) | $285 |
City averages based on Bradenton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,790 |
| Total Monthly Debt Service | $10,605 |
| DSCR Ratio | 0.36x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1998
2.40 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 1998
2.40 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