3740 Pinebrook Cir APT 604, Bradenton, FL, 34209 | $71/mo Cash Flow

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3740 Pinebrook Cir APT 604, Bradenton, FL, 34209 | $71/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Bradenton at 3740 Pinebrook Cir APT 604, Bradenton, FL, 34209 listed at $209,000 pairs $1,458/mo rent with a $1,023/mo payment to leave $71/mo cash flow. Total monthly income runs $1,458/mo, and annual cash flow reaches $852/yr on $69,284 cash to close. Return on cash invested measures 21.14% in year one, and rental yield registers 8.37% at a $209,000 basis. Equity gained on principal adds $1,349/yr, and annual property appreciation at 5% supports $57,743 by year five. Five-year ROI tracks 110.02% and total cumulative return in cash totals $76,226. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,458/mo property income relative to a $1,023/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1992

1.75 Acres lot

$N/A/sqft

No HOA

More details about the property

Come enjoy the Sweeping birds eye views of the Pinebrook Ironwood golf course and five water features from this 6th top floor condo in the Woods at Pinebrook. The Woods at Pinebrook is an outstanding fantastically run condo association with "no special assessments" and "none being discussed". The location is excellent! Plus, there are no extra fees for living on the golf course. This well-maintained Bayhill floor plan features two bedrooms and two bathrooms and is situated on the 15th fairway plus located directly across from the clubhouse and pool. Amenities include access to a heated pool, exercise room, billiards, shuffleboard challenges and additional facilities. As for the unit, ceramic tile is featured at the foyer, the kitchen, both bathrooms and the 7x7 laundry room. The laundry room is equipped with additional storage cabinets and a full-size washer and dryer. Vinyl plank flooring has been installed throughout the living and dining areas, as well as both bedrooms, complemented by 4-inch baseboards. The unit features an 8x14 glass-enclosed lanai that can be opened for use as a screened area. The sliding glass doors have been enhanced with new wheels and locking mechanisms. However, the assigned #48 covered carport and storage room locker are not included in the heated square footage. The A/C is replaced in 2024, a tankless instant hot water system new in 2022, plus the washer and dryer new in 2017. Fresh paint, ceiling fans, lights and most fixtures all recently replaced. The dishwasher and microwave were updated in the past. This location is highly convenient to shopping centers, medical services, Gt Bray Park, Robinsons Preserve and the stunning Gulf Coast beaches of renowned Anna Maria Island. Golf memberships are available or pay as you play.

Neighborhood Data

Neighborhood data shown for ZIP Code: 34209, Bradenton, FL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	19,115 (100%)
Owner Occupied HU	12,609 (66.0%)
Renter Occupied HU	3,273 (17.1%)
Vacant Housing Units	3,233 (16.9%)
Median Home Value	$486,037
Average Home Value	$592,277