379 Springdale Dr #379BradentonFL34210
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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 379 Springdale Dr #379, Bradenton, FL, 34210 earns $189/mo cash flow from $1,450/mo rent with a $930/mo payment. Total monthly income totals $1,450/mo, and annual cash flow totals $2,269/yr on $62,985 capital. ROI tracks 23.51% on current figures, and rental yield reads 9.16% at a $190,000 purchase. Equity gained on principal adds $1,226/yr, and 5% annual appreciation supports $52,494 over five years. Five-year ROI reaches 122.83% and total cumulative return in cash sums $77,364. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,450/mo property income instead of your personal income.
Condo
Built in 1979
2.98 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
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